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 Anendeshwari Nagrik Sahakari Bank branch in Ujjain, Ujjain, Madhya Pradesh, 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 Ujjain or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code YESB0ANSBM1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Anendeshwari Nagrik Sahakari Bank, Ujjain
Here are some of the key details that come with the IFSC Code YESB0ANSBM1 of Yes Bank for its branch located in Ujjain, within the district of Ujjain in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0ANSBM1 |
| Branch | Anendeshwari Nagrik Sahakari Bank |
| City | Ujjain |
| District | Ujjain |
| State | Madhya Pradesh |
| Address | 112, Sakhala Bhavan, New Road, Ujjain - 456006 |
These details helps users in online banking and for businesses and individuals who use Yes Bank in Ujjain for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0ANSBM1 for the Anendeshwari Nagrik Sahakari Bank 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 Anendeshwari Nagrik Sahakari Bank, Ujjain, Madhya Pradesh, are given a unique IFSC like YESB0ANSBM1 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ujjain.
- 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 Ujjain and Ujjain.
- 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 Anendeshwari Nagrik Sahakari Bank goes to the correct branch. This is important because Yes Bank has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code YESB0ANSBM1
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 Anendeshwari Nagrik Sahakari Bank in Ujjain.
For example, the IFSC Code YESB0ANSBM1 of Yes Bank for the Anendeshwari Nagrik Sahakari Bank branch includes these elements, identifying the bank and the branch location in Ujjain and Madhya Pradesh correctly.
How to Find IFSC Code for Yes Bank?
If you are looking for the IFSC Code YESB0ANSBM1 of Yes Bank for its Anendeshwari Nagrik Sahakari Bank branch located in Ujjain, the following methods can help:
Cheque Book
The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Yes Bank branches in Ujjain and Ujjain, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Yes Bank and look for the branch locator section, then search for Anendeshwari Nagrik Sahakari Bank or Ujjain to get the exact IFSC Code YESB0ANSBM1.
Mobile Banking App
If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Ujjain, then it will provide you proper information.
How to Use IFSC Code YESB0ANSBM1 for Online Transfers?
Once you have the IFSC Code YESB0ANSBM1 for the Anendeshwari Nagrik Sahakari Bank branch of Yes Bank in Ujjain, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0ANSBM1. 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 YESB0ANSBM1.
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 Anendeshwari Nagrik Sahakari Bank in Ujjain, it can 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 Anendeshwari Nagrik Sahakari Bank, 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 Ujjain manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0ANSBM1.
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 112, Sakhala Bhavan, New Road, Ujjain - 456006 located in Ujjain, Ujjain, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.