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 Kalyan Branch branch in Thane, Kalyan, or Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0UNTY19. 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, Kalyan Branch, Thane
Below in the table are the key details related to IFSC Code YESB0UNTY19 of Yes Bank for its branch located in Thane, within the district of Kalyan in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0UNTY19 |
| Branch | Kalyan Branch |
| City | Thane |
| District | Kalyan |
| State | Maharashtra |
| Address | Khadakpada Branch, Building No.-3,Shop O.-12,13,Shelar Park,Next To More Shop,Khadakpada,Kalyan (W) Mumbai-421301 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Thane for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0UNTY19 for the Kalyan Branch branch of Yes Bank has an important 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 YESB0UNTY19 is given to every bank branch, including Yes Bank located in Kalyan Branch, Thane, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Thane.
- 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 Thane and Kalyan.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Kalyan Branch doesn't end up at another location.
Format of the IFSC Code YESB0UNTY19
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): These represent the bank code. In Yes Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kalyan Branch in Thane.
For example, the IFSC Code YESB0UNTY19 of Yes Bank for the Kalyan Branch branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0UNTY19 of Yes Bank for its Kalyan Branch branch located in Thane, the following methods can help you out:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Yes Bank branches in Thane and Kalyan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Yes Bank and go to the branch locator section. Then search for Kalyan Branch or Thane to find the exact IFSC Code YESB0UNTY19.
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 maintains an updated database of all IFSC codes. Searching for Yes Bank and Thane will provide accurate information.
How to Use IFSC Code YESB0UNTY19 for Online Transfers?
Once you have the IFSC Code YESB0UNTY19 for the Kalyan Branch branch of Yes Bank in Thane, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0UNTY19. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0UNTY19.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Kalyan Branch in Thane, it can result in delayed or failed transactions.
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 Kalyan Branch, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0UNTY19.
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 Khadakpada Branch, Building No.-3,Shop O.-12,13,Shelar Park,Next To More Shop,Khadakpada,Kalyan (W) Mumbai-421301 located in Thane, Kalyan, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.