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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Yes Bank for its The Satara Sahakari Bank Kalva branch in Thane, Kelwa, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly 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 YESB0TSSB12. 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, The Satara Sahakari Bank Kalva, Thane
Here are the key points that are associated with the IFSC Code YESB0TSSB12 of Yes Bank for its branch located in Thane, within the district of Kelwa in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0TSSB12 |
| Branch | The Satara Sahakari Bank Kalva |
| City | Thane |
| District | Kelwa |
| State | Maharashtra |
| Address | Rupali Bldg, 1St Floor, Kalwa Naka, Shivaji Chowk, Kalwa West, Thane 400605 |
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 YESB0TSSB12 for the The Satara Sahakari Bank Kalva 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 provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in The Satara Sahakari Bank Kalva, Thane, Maharashtra, are allotted a unique IFSC like YESB0TSSB12 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 confusion between different branches of the same bank in places like Thane and Kelwa.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Yes Bank in The Satara Sahakari Bank Kalva reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code YESB0TSSB12
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 The Satara Sahakari Bank Kalva in Thane.
For example, the IFSC Code YESB0TSSB12 of Yes Bank for the The Satara Sahakari Bank Kalva 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 YESB0TSSB12 of Yes Bank for its The Satara Sahakari Bank Kalva 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 Kelwa, 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 The Satara Sahakari Bank Kalva or Thane to get the exact IFSC Code YESB0TSSB12.
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 YESB0TSSB12 for Online Transfers?
Once you have the IFSC Code YESB0TSSB12 for the The Satara Sahakari Bank Kalva 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 YESB0TSSB12. 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 YESB0TSSB12.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank The Satara Sahakari Bank Kalva 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 The Satara Sahakari Bank Kalva, 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 YESB0TSSB12.
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 Rupali Bldg, 1St Floor, Kalwa Naka, Shivaji Chowk, Kalwa West, Thane 400605 located in Thane, Kelwa, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.