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, Maharashtra 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 YESB0000125. 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, Maharashtra, Thane
Here are the key points that are associated with the IFSC Code YESB0000125 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 | YESB0000125 |
| Branch | Kalyan, Maharashtra |
| City | Thane |
| District | Kalyan |
| State | Maharashtra |
| Address | Ground And Mezzanine Floor,Shop No , 1,2,3, Shreya Palace, Opp Adarsh, Hindi School,Santoshi Mata Road,, Kalyan, Maharashtra-421301 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000125 for the Kalyan, Maharashtra branch of Yes Bank plays 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 Kalyan, Maharashtra, Thane, Maharashtra, is provided a unique IFSC like YESB0000125 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Yes Bank branch in Thane.
- 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 Thane and Kalyan.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Kalyan, Maharashtra do not get misguided to another person.
Format of the IFSC Code YESB0000125
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, Maharashtra in Thane.
For example, the IFSC Code YESB0000125 of Yes Bank for the Kalyan, Maharashtra branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0000125 of Yes Bank for its Kalyan, Maharashtra branch located in Thane, 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 Thane and Kalyan, 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 Kalyan, Maharashtra or Thane to get the exact IFSC Code YESB0000125.
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 Thane, you'll get the correct details.
How to Use IFSC Code YESB0000125 for Online Transfers?
Once you have the IFSC Code YESB0000125 for the Kalyan, Maharashtra branch of Yes Bank in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0000125. 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 YESB0000125.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Kalyan, Maharashtra in Thane, 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 Kalyan, Maharashtra, 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 YESB0000125.
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 Ground And Mezzanine Floor,Shop No , 1,2,3, Shreya Palace, Opp Adarsh, Hindi School,Santoshi Mata Road,, Kalyan, Maharashtra-421301 located in Thane, Kalyan, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.