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 Konark Urban Co Op Bank Ltd Sapna Garden branch in Thane, Ulhasnagar, 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 YESB0KNUCB4. 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, Konark Urban Co Op Bank Ltd Sapna Garden, Thane
The table below shows the main details of the IFSC Code YESB0KNUCB4 for the Yes Bank branch in Thane, which falls under the Ulhasnagar district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0KNUCB4 |
| Branch | Konark Urban Co Op Bank Ltd Sapna Garden |
| City | Thane |
| District | Ulhasnagar |
| State | Maharashtra |
| Address | Gala No B,Ground Floor, Konark Plaza,Bk No 1201,Cts No 9595,Ulhasnagar-421003 |
These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0KNUCB4 for the Konark Urban Co Op Bank Ltd Sapna Garden branch of Yes Bank is vital.
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 YESB0KNUCB4 is given to every bank branch, including Yes Bank located in Konark Urban Co Op Bank Ltd Sapna Garden, 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 Ulhasnagar.
- 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 Konark Urban Co Op Bank Ltd Sapna Garden doesn't end up at another location.
Format of the IFSC Code YESB0KNUCB4
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 Konark Urban Co Op Bank Ltd Sapna Garden in Thane.
For example, the IFSC Code YESB0KNUCB4 of Yes Bank for the Konark Urban Co Op Bank Ltd Sapna Garden branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0KNUCB4 of Yes Bank for its Konark Urban Co Op Bank Ltd Sapna Garden 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
You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Thane and Ulhasnagar, 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 Konark Urban Co Op Bank Ltd Sapna Garden or Thane to get the exact IFSC Code YESB0KNUCB4.
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 YESB0KNUCB4 for Online Transfers?
Once you have the IFSC Code YESB0KNUCB4 for the Konark Urban Co Op Bank Ltd Sapna Garden branch of Yes Bank in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0KNUCB4. Transfers are processed in batches. This is suitable for 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 YESB0KNUCB4.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Konark Urban Co Op Bank Ltd Sapna Garden in Thane may result in delayed or failed transactions.
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 Konark Urban Co Op Bank Ltd Sapna Garden, 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0KNUCB4.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Gala No B,Ground Floor, Konark Plaza,Bk No 1201,Cts No 9595,Ulhasnagar-421003 located in Thane, Ulhasnagar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.