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 The Urban Coop Bank Mid Town branch in Sundargarh, Raurkela, 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 YESB0UCBR02. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, The Urban Coop Bank Mid Town, Sundargarh
Here are some of the key details that come with the IFSC Code YESB0UCBR02 of Yes Bank for its branch located in Sundargarh, within the district of Raurkela in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0UCBR02 |
| Branch | The Urban Coop Bank Mid Town |
| City | Sundargarh |
| District | Raurkela |
| State | Odisha |
| Address | Plant Site, Rourkela- 769001 |
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 YESB0UCBR02 for the The Urban Coop Bank Mid Town 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 The Urban Coop Bank Mid Town, Sundargarh, Odisha, is provided a unique IFSC like YESB0UCBR02 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 Raurkela.
- 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 The Urban Coop Bank Mid Town do not get misguided to another person.
Format of the IFSC Code YESB0UCBR02
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 The Urban Coop Bank Mid Town in Sundargarh.
For example, the IFSC Code YESB0UCBR02 of Yes Bank for the The Urban Coop Bank Mid Town 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 YESB0UCBR02 of Yes Bank for its The Urban Coop Bank Mid Town 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 Raurkela, 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 The Urban Coop Bank Mid Town or Sundargarh to get the exact IFSC Code YESB0UCBR02.
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 YESB0UCBR02 for Online Transfers?
Once you have the IFSC Code YESB0UCBR02 for the The Urban Coop Bank Mid Town 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 YESB0UCBR02. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Yes Bank IFSC Code YESB0UCBR02.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank The Urban Coop Bank Mid Town in Sundargarh, your payment can get delayed or might not go through at all.
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 The Urban Coop Bank Mid Town, 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 Sundargarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0UCBR02.
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 Plant Site, Rourkela- 769001 located in Sundargarh, Raurkela, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.