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 Meghalaya Coop Apex Bank Chokpot branch in South Garo Hills, Chokpot, Meghalaya, 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 South Garo Hills or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code YESB0MCA019. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Meghalaya Coop Apex Bank Chokpot, South Garo Hills
Here are the main details that are associated with the IFSC Code YESB0MCA019 of Yes Bank for its branch located in South Garo Hills, within the district of Chokpot in the state of Meghalaya.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0MCA019 |
| Branch | Meghalaya Coop Apex Bank Chokpot |
| City | South Garo Hills |
| District | Chokpot |
| State | Meghalaya |
| Address | Chokpot 794101 South Garo Hills District |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in South Garo Hills for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MCA019 for the Meghalaya Coop Apex Bank Chokpot branch of Yes Bank has an 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, including Yes Bank located in Meghalaya Coop Apex Bank Chokpot, South Garo Hills, Meghalaya, is provided with a unique IFSC like YESB0MCA019 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in South Garo Hills.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like South Garo Hills and Chokpot.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Meghalaya and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Meghalaya Coop Apex Bank Chokpot do not get mixed with another location.
Format of the IFSC Code YESB0MCA019
The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Yes Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Meghalaya Coop Apex Bank Chokpot in South Garo Hills.
For example, the IFSC Code YESB0MCA019 of Yes Bank for the Meghalaya Coop Apex Bank Chokpot branch has these elements, identifying the bank and the branch location in South Garo Hills and Meghalaya correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0MCA019 of Yes Bank for its Meghalaya Coop Apex Bank Chokpot branch located in South Garo Hills, the following methods can help:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Yes Bank branches in South Garo Hills and Chokpot, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Yes Bank and navigate to the branch locator section. Search for Meghalaya Coop Apex Bank Chokpot or South Garo Hills to get the exact IFSC Code YESB0MCA019.
Mobile Banking App
If you use Yes Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Yes Bank and South Garo Hills, you'll get the correct details.
How to Use IFSC Code YESB0MCA019 for Online Transfers?
If you have the IFSC Code YESB0MCA019 for the Meghalaya Coop Apex Bank Chokpot branch of Yes Bank in South Garo Hills, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0MCA019. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Yes Bank IFSC Code YESB0MCA019.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank Meghalaya Coop Apex Bank Chokpot in South Garo Hills, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Yes Bank in Meghalaya Coop Apex Bank Chokpot, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Yes Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in South Garo Hills manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0MCA019.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Chokpot 794101 South Garo Hills District located in South Garo Hills, Chokpot, Meghalaya.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.