The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Yes Bank for its Kopar Khairane branch in Thane, Navi Mumbai, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Yes Bank located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0001272. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Kopar Khairane, Thane
The table below shows the main details of the IFSC Code YESB0001272 for the Yes Bank branch in Thane, which falls under the Navi Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001272 |
| Branch | Kopar Khairane |
| City | Thane |
| District | Navi Mumbai |
| State | Maharashtra |
| Address | Ground Floor,Shop Numbers 9,10,&11,Shree Ravechi Apt,Sector 20,Plot Nos 14,Kopar Khairane,400709 |
These details helps users in online banking and for businesses and individuals who use Yes Bank in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001272 for the Kopar Khairane branch of Yes Bank plays a vital 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 Kopar Khairane, Thane, Maharashtra, are given a unique IFSC like YESB0001272 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 Navi Mumbai.
- 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 Kopar Khairane 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 YESB0001272
The format of the IFSC Code for banks, including Yes Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Yes Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kopar Khairane in Thane.
For example, the IFSC Code YESB0001272 of Yes Bank for the Kopar Khairane branch includes 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 YESB0001272 of Yes Bank for its Kopar Khairane branch located in Thane, 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 Thane and Navi Mumbai, 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 Kopar Khairane or Thane to get the exact IFSC Code YESB0001272.
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 Thane that will provide accurate information.
How to Use IFSC Code YESB0001272 for Online Transfers?
Once you have the IFSC Code YESB0001272 for the Kopar Khairane 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 YESB0001272. 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 YESB0001272.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Kopar Khairane 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 Kopar Khairane, 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0001272.
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 Ground Floor,Shop Numbers 9,10,&11,Shree Ravechi Apt,Sector 20,Plot Nos 14,Kopar Khairane,400709 located in Thane, Navi Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.