Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Yes Bank for its The Urban Coop Bank Steel City branch in Sundargarh, Raurkela, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Yes Bank located in Sundargarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code YESB0UCBR03. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, The Urban Coop Bank Steel City, Sundargarh
Here are the key points that are associated with the IFSC Code YESB0UCBR03 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 | YESB0UCBR03 |
| Branch | The Urban Coop Bank Steel City |
| City | Sundargarh |
| District | Raurkela |
| State | Odisha |
| Address | Shakti Nagar, Rourkela- 769014 |
These details helps users in online banking and for businesses and individuals who use Yes Bank in Sundargarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0UCBR03 for the The Urban Coop Bank Steel City branch of Yes Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like YESB0UCBR03 is given to every bank branch, including Yes Bank located in The Urban Coop Bank Steel City, Sundargarh, Odisha, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Sundargarh and Raurkela.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in The Urban Coop Bank Steel City doesn't end up at another location.
Format of the IFSC Code YESB0UCBR03
This is the format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as The Urban Coop Bank Steel City in Sundargarh.
For example, the IFSC Code YESB0UCBR03 of Yes Bank for the The Urban Coop Bank Steel City 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 YESB0UCBR03 of Yes Bank for its The Urban Coop Bank Steel City 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
You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Sundargarh and Raurkela, print them 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 Steel City or Sundargarh to get the exact IFSC Code YESB0UCBR03.
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 YESB0UCBR03 for Online Transfers?
Once you have the IFSC Code YESB0UCBR03 for the The Urban Coop Bank Steel City 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 YESB0UCBR03. 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 YESB0UCBR03.
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 Steel City 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 Steel City, 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 YESB0UCBR03.
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 Shakti Nagar, Rourkela- 769014 located in Sundargarh, Raurkela, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.