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 Kodad branch in Suryapet, Kodad, Telangana, 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 Suryapet or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code YESB0001253. 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, Kodad, Suryapet

The table below shows the main details of the IFSC Code YESB0001253 for the Yes Bank branch in Suryapet, which falls under the Kodad district in Telangana.

Particulars Details
Bank Yes Bank
IFSC Code YESB0001253
Branch Kodad
City Suryapet
District Kodad
State Telangana
Address Part Ground Floor,S S Heights Complex,Miryalaguda Road,Opp Ioc Pump,Kodad 508 206

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Suryapet for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001253 for the Kodad 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 Kodad, Suryapet, Telangana, is provided a unique IFSC like YESB0001253 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Suryapet.
  • 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 Suryapet and Kodad.
  • 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 Telangana and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Kodad do not get misguided to another person.

Format of the IFSC Code YESB0001253

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 Kodad in Suryapet.

For example, the IFSC Code YESB0001253 of Yes Bank for the Kodad branch includes these elements, identifying the bank and the branch location in Suryapet and Telangana accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0001253 of Yes Bank for its Kodad branch located in Suryapet, the following methods can help:

Cheque Book

The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Yes Bank branches in Suryapet and Kodad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Yes Bank and find the branch locator section. Search for Kodad or Suryapet to get the exact IFSC Code YESB0001253.

Mobile Banking App

If you use Yes Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Yes Bank and Suryapet that will provide accurate information.

How to Use IFSC Code YESB0001253 for Online Transfers?

Once you have the IFSC Code YESB0001253 for the Kodad branch of Yes Bank in Suryapet, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0001253. 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 YESB0001253.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Kodad in Suryapet, 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 Kodad, 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 Suryapet manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Kodad, Suryapet?

The IFSC Code is YESB0001253.

Is the IFSC Code YESB0001253 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Kodad?

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

What is the full address of the Kodad branch?

The address of the branch is Part Ground Floor,S S Heights Complex,Miryalaguda Road,Opp Ioc Pump,Kodad 508 206 located in Suryapet, Kodad, Telangana.

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.