The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Yes Bank for its Brahmdeodada Mane Bank Hotagi Road branch in Solapur, Solapur, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Yes Bank located in Solapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0BMSB19. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Brahmdeodada Mane Bank Hotagi Road, Solapur
Here are the main details that are associated with the IFSC Code YESB0BMSB19 of Yes Bank for its branch located in Solapur, within the district of Solapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0BMSB19 |
| Branch | Brahmdeodada Mane Bank Hotagi Road |
| City | Solapur |
| District | Solapur |
| State | Maharashtra |
| Address | Krushna Heights, N G Mill Hsg Soc, Asara Chowk, Majarewadi, Solapur - 413225 |
These details help users in online banking and for businesses and individuals who use Yes Bank in Solapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0BMSB19 for the Brahmdeodada Mane Bank Hotagi Road branch of Yes Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in Brahmdeodada Mane Bank Hotagi Road, Solapur, Maharashtra, are allotted a unique IFSC like YESB0BMSB19 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Solapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Solapur and Solapur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Yes Bank in Brahmdeodada Mane Bank Hotagi Road reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code YESB0BMSB19
The format of the IFSC Code for banks, including Yes Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Yes Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Brahmdeodada Mane Bank Hotagi Road in Solapur.
For example, the IFSC Code YESB0BMSB19 of Yes Bank for the Brahmdeodada Mane Bank Hotagi Road branch includes these elements, identifying the bank and the branch location in Solapur and Maharashtra correctly.
How to Find IFSC Code for Yes Bank?
If you are looking for the IFSC Code YESB0BMSB19 of Yes Bank for its Brahmdeodada Mane Bank Hotagi Road branch located in Solapur, the following methods can help:
Cheque Book
The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Yes Bank branches in Solapur and Solapur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Yes Bank and look for the branch locator section, then search for Brahmdeodada Mane Bank Hotagi Road or Solapur to get the exact IFSC Code YESB0BMSB19.
Mobile Banking App
If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Solapur, then it will provide you proper information.
How to Use IFSC Code YESB0BMSB19 for Online Transfers?
Once you have the IFSC Code YESB0BMSB19 for the Brahmdeodada Mane Bank Hotagi Road branch of Yes Bank in Solapur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0BMSB19. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0BMSB19.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Brahmdeodada Mane Bank Hotagi Road in Solapur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Yes Bank in Brahmdeodada Mane Bank Hotagi Road, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Yes Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Solapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0BMSB19.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Krushna Heights, N G Mill Hsg Soc, Asara Chowk, Majarewadi, Solapur - 413225 located in Solapur, Solapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.