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IFSC Code of Yes Bank, Panchsheel Coop Bank Katargam, Surat, Gujarat — YESB0PMCB06

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Panchsheel Coop Bank Katargam branch in Surat, Surat, or Gujarat, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code YESB0PMCB06. 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, Panchsheel Coop Bank Katargam, Surat

Here are the main details that are associated with the IFSC Code YESB0PMCB06 of Yes Bank for its branch located in Surat, within the district of Surat in the state of Gujarat.

Particulars Details
Bank Yes Bank
IFSC Code YESB0PMCB06
Branch Panchsheel Coop Bank Katargam
City Surat
District Surat
State Gujarat
Address Indrprash Apartment Opp Nagina Wadi Katargam Surat -395004

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Surat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0PMCB06 for the Panchsheel Coop Bank Katargam 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 Panchsheel Coop Bank Katargam, Surat, Gujarat, is provided with a unique IFSC like YESB0PMCB06 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Surat.
  • 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 Surat and Surat.
  • 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Panchsheel Coop Bank Katargam do not get mixed with another location.

Format of the IFSC Code YESB0PMCB06

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 Panchsheel Coop Bank Katargam in Surat.

For example, the IFSC Code YESB0PMCB06 of Yes Bank for the Panchsheel Coop Bank Katargam branch includes these elements, identifying the bank and the branch location in Surat and Gujarat accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0PMCB06 of Yes Bank for its Panchsheel Coop Bank Katargam branch located in Surat, 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 Surat and Surat, 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 Panchsheel Coop Bank Katargam or Surat to get the exact IFSC Code YESB0PMCB06.

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 Surat, you'll get the correct details.

How to Use IFSC Code YESB0PMCB06 for Online Transfers?

Once you have the IFSC Code YESB0PMCB06 for the Panchsheel Coop Bank Katargam branch of Yes Bank in Surat, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0PMCB06. 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 YESB0PMCB06.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Panchsheel Coop Bank Katargam in Surat, 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 Panchsheel Coop Bank Katargam, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Surat manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Panchsheel Coop Bank Katargam, Surat?

The IFSC Code is YESB0PMCB06.

Is the IFSC Code YESB0PMCB06 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 Panchsheel Coop Bank Katargam?

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 Panchsheel Coop Bank Katargam branch?

The address of the branch is Indrprash Apartment Opp Nagina Wadi Katargam Surat -395004 located in Surat, Surat, Gujarat.

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.

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