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 Rourkela - Orissa branch in Sundargarh, Rourkela, Odisha, 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 Sundargarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code YESB0000081. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Rourkela - Orissa, Sundargarh
Here are the key points that are associated with the IFSC Code YESB0000081 of Yes Bank for its branch located in Sundargarh, within the district of Rourkela in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000081 |
| Branch | Rourkela - Orissa |
| City | Sundargarh |
| District | Rourkela |
| State | Odisha |
| Address | Ground Floor, Holding No 72, Plot No 304 Udit Nagar, Main Road, Rourkela, Orissa-769012 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Sundargarh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000081 for the Rourkela - Orissa branch of Yes Bank plays 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 Rourkela - Orissa, Sundargarh, Odisha, is provided with a unique IFSC like YESB0000081 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Sundargarh.
- 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 Sundargarh and Rourkela.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Rourkela - Orissa do not get mixed with another location.
Format of the IFSC Code YESB0000081
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): 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 Rourkela - Orissa in Sundargarh.
For example, the IFSC Code YESB0000081 of Yes Bank for the Rourkela - Orissa branch includes these elements, identifying the bank and the branch location in Sundargarh and Odisha accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0000081 of Yes Bank for its Rourkela - Orissa branch located in Sundargarh, 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 Sundargarh and Rourkela, 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 Rourkela - Orissa or Sundargarh to get the exact IFSC Code YESB0000081.
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 Sundargarh, you'll get the correct details.
How to Use IFSC Code YESB0000081 for Online Transfers?
Once you have the IFSC Code YESB0000081 for the Rourkela - Orissa branch of Yes Bank in Sundargarh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0000081. 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 YESB0000081.
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 Rourkela - Orissa in Sundargarh, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in Rourkela - Orissa, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Sundargarh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000081.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Holding No 72, Plot No 304 Udit Nagar, Main Road, Rourkela, Orissa-769012 located in Sundargarh, Rourkela, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.