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IFSC Code of Yes Bank, Ujjain Paraspar Sah Bank Dewas Gate, Ujjain, Madhya Pradesh — YESB0UPSBL1

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 Ujjain Paraspar Sah Bank Dewas Gate 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 YESB0UPSBL1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Ujjain Paraspar Sah Bank Dewas Gate, Ujjain

The table below shows the main details of the IFSC Code YESB0UPSBL1 for the Yes Bank branch in Ujjain, which falls under the Ujjain district in Madhya Pradesh.

Particulars Details
Bank Yes Bank
IFSC Code YESB0UPSBL1
Branch Ujjain Paraspar Sah Bank Dewas Gate
City Ujjain
District Ujjain
State Madhya Pradesh
Address 179, Maharani Laxmibai Marg,Dewas Gate, Ujjain - 456010

These details help 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 YESB0UPSBL1 for the Ujjain Paraspar Sah Bank Dewas Gate branch of Yes Bank has a very 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 YESB0UPSBL1 is given to every bank branch, including Yes Bank located in Ujjain Paraspar Sah Bank Dewas Gate, Ujjain, Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Ujjain.
  • 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 Ujjain and Ujjain.
  • 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Ujjain Paraspar Sah Bank Dewas Gate doesn't end up at another location.

Format of the IFSC Code YESB0UPSBL1

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): These represent the bank code. In Yes Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Ujjain Paraspar Sah Bank Dewas Gate in Ujjain.

For example, the IFSC Code YESB0UPSBL1 of Yes Bank for the Ujjain Paraspar Sah Bank Dewas Gate branch has 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 trying to find the IFSC Code YESB0UPSBL1 of Yes Bank for its Ujjain Paraspar Sah Bank Dewas Gate branch located in Ujjain, 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 Ujjain and Ujjain, 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 Ujjain Paraspar Sah Bank Dewas Gate or Ujjain to get the exact IFSC Code YESB0UPSBL1.

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 Ujjain, you'll get the correct details.

How to Use IFSC Code YESB0UPSBL1 for Online Transfers?

If you have the IFSC Code YESB0UPSBL1 for the Ujjain Paraspar Sah Bank Dewas Gate branch of Yes Bank in Ujjain, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0UPSBL1. 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 YESB0UPSBL1.

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 Ujjain Paraspar Sah Bank Dewas Gate in Ujjain, 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 Ujjain Paraspar Sah Bank Dewas Gate, 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)

What is the IFSC Code of Yes Bank Ujjain Paraspar Sah Bank Dewas Gate Ujjain?

The IFSC Code of the Ujjain Paraspar Sah Bank Dewas Gate Ujjain branch is YESB0UPSBL1.

Is IFSC Code YESB0UPSBL1 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Yes Bank Ujjain Paraspar Sah Bank Dewas Gate branch?

The branch is located at 179, Maharani Laxmibai Marg,Dewas Gate, Ujjain - 456010.

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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