There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its Konark Urban Co Op Bank Ltd Siru Chowk branch in Thane, Ulhasnagar, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Yes Bank situated in Thane or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code YESB0KNUCB3. You should 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 Siru Chowk, Thane
The table below shows the main details of the IFSC Code YESB0KNUCB3 for the Yes Bank branch in Thane, which falls under the Ulhasnagar district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0KNUCB3 |
| Branch | Konark Urban Co Op Bank Ltd Siru Chowk |
| City | Thane |
| District | Ulhasnagar |
| State | Maharashtra |
| Address | Mohan Empire Shop No 563,Siru Chowk, Ulhasnagar-421002 |
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 YESB0KNUCB3 for the Konark Urban Co Op Bank Ltd Siru Chowk 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 provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in Konark Urban Co Op Bank Ltd Siru Chowk, Thane, Maharashtra, are given a unique IFSC like YESB0KNUCB3 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Thane and Ulhasnagar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Yes Bank in Konark Urban Co Op Bank Ltd Siru Chowk goes to the correct branch. This is important because Yes Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code YESB0KNUCB3
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 Siru Chowk in Thane.
For example, the IFSC Code YESB0KNUCB3 of Yes Bank for the Konark Urban Co Op Bank Ltd Siru Chowk 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 YESB0KNUCB3 of Yes Bank for its Konark Urban Co Op Bank Ltd Siru Chowk 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 Siru Chowk or Thane to get the exact IFSC Code YESB0KNUCB3.
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 YESB0KNUCB3 for Online Transfers?
Once you have the IFSC Code YESB0KNUCB3 for the Konark Urban Co Op Bank Ltd Siru Chowk 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 YESB0KNUCB3. 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 YESB0KNUCB3.
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 Konark Urban Co Op Bank Ltd Siru Chowk in Thane, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in Konark Urban Co Op Bank Ltd Siru Chowk, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0KNUCB3.
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 Mohan Empire Shop No 563,Siru Chowk, Ulhasnagar-421002 located in Thane, Ulhasnagar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.