There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its Sundargarh Dccb Koira branch in Sundargarh, Koira, Odisha, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Yes Bank situated in Sundargarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code YESB0SNGB07. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Sundargarh Dccb Koira, Sundargarh

The table below shows the main details of the IFSC Code YESB0SNGB07 for the Yes Bank branch in Sundargarh, which falls under the Koira district in Odisha.

Particulars Details
Bank Yes Bank
IFSC Code YESB0SNGB07
Branch Sundargarh Dccb Koira
City Sundargarh
District Koira
State Odisha
Address At Po Koira 770048

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Sundargarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0SNGB07 for the Sundargarh Dccb Koira branch of Yes Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Sundargarh Dccb Koira, Sundargarh, Odisha, is provided a unique IFSC like YESB0SNGB07 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Sundargarh.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Sundargarh and Koira.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Sundargarh Dccb Koira do not get misguided to another person.

Format of the IFSC Code YESB0SNGB07

The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Yes Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sundargarh Dccb Koira in Sundargarh.

For example, the IFSC Code YESB0SNGB07 of Yes Bank for the Sundargarh Dccb Koira 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 looking for the IFSC Code YESB0SNGB07 of Yes Bank for its Sundargarh Dccb Koira branch located in Sundargarh, 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 Sundargarh and Koira, 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 Sundargarh Dccb Koira or Sundargarh to get the exact IFSC Code YESB0SNGB07.

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 Sundargarh, then it will provide you proper information.

How to Use IFSC Code YESB0SNGB07 for Online Transfers?

Once you have the IFSC Code YESB0SNGB07 for the Sundargarh Dccb Koira branch of Yes Bank in Sundargarh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0SNGB07. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Yes Bank IFSC Code YESB0SNGB07.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Sundargarh Dccb Koira in Sundargarh, your payment can get delayed or might not go through at all.

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 Sundargarh Dccb Koira, 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 Sundargarh to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Sundargarh Dccb Koira, Sundargarh?

The IFSC Code is YESB0SNGB07.

Is the IFSC Code YESB0SNGB07 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Sundargarh Dccb Koira?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sundargarh Dccb Koira branch?

The address of the branch is At Po Koira 770048 located in Sundargarh, Koira, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.