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IFSC Code of Yes Bank, Wagle Estate Thane, Thane, Maharashtra — YESB0001169

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 Wagle Estate Thane branch in Thane├╜, Thane, 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 YESB0001169. 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, Wagle Estate Thane, Thane├╜

Here are the main details that are associated with the IFSC Code YESB0001169 of Yes Bank for its branch located in Thane├╜, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0001169
Branch Wagle Estate Thane
City Thane├╜
District Thane
State Maharashtra
Address Ground Floor, Unit No. 9,10 & 11, Plot No. A-125, A-126 & A-125 -Part, Accel House, Road No. 22, Wagle Estate, Midc, Thane-West, Maharashtra, Pin - 400 604

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 YESB0001169 for the Wagle Estate Thane branch of Yes Bank plays an important role.

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 YESB0001169 is given to every bank branch, including Yes Bank located in Wagle Estate Thane, 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 Thane.
  • 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 Wagle Estate Thane doesn't end up at another location.

Format of the IFSC Code YESB0001169

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): 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 Wagle Estate Thane in Thane├╜.

For example, the IFSC Code YESB0001169 of Yes Bank for the Wagle Estate Thane 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 YESB0001169 of Yes Bank for its Wagle Estate Thane 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 Thane, 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 Wagle Estate Thane or Thane├╜ to get the exact IFSC Code YESB0001169.

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 YESB0001169 for Online Transfers?

If you have the IFSC Code YESB0001169 for the Wagle Estate Thane branch of Yes Bank in Thane├╜, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0001169. Transfers are processed in batches. 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0001169.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank Wagle Estate Thane in Thane├╜, it 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 Wagle Estate Thane, 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)

What is the IFSC Code of Yes Bank in Wagle Estate Thane, Thane├╜?

The IFSC Code is YESB0001169.

Is the IFSC Code YESB0001169 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Wagle Estate Thane?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Wagle Estate Thane branch?

The address of the branch is Ground Floor, Unit No. 9,10 & 11, Plot No. A-125, A-126 & A-125 -Part, Accel House, Road No. 22, Wagle Estate, Midc, Thane-West, Maharashtra, Pin - 400 604 located in Thane├╜, Thane, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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