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 Mangrol branch in Vadodara, Mangrol, Gujarat, 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 Vadodara or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code YESB0001129. 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, Mangrol, Vadodara

Here are the key points that are associated with the IFSC Code YESB0001129 of Yes Bank for its branch located in Vadodara, within the district of Mangrol in the state of Gujarat.

Particulars Details
Bank Yes Bank
IFSC Code YESB0001129
Branch Mangrol
City Vadodara
District Mangrol
State Gujarat
Address Ground Floor, House No. 2/27, Nr. Milk Dairy, Mangrol, Tal. Karjan, Dist. Vadodara, Guj 391240

These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Vadodara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0001129 for the Mangrol branch of Yes Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Mangrol, Vadodara, Gujarat, is provided a unique IFSC like YESB0001129 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Vadodara.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Vadodara and Mangrol.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Mangrol do not get misguided to another person.

Format of the IFSC Code YESB0001129

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 Mangrol in Vadodara.

For example, the IFSC Code YESB0001129 of Yes Bank for the Mangrol branch has these elements, identifying the bank and the branch location in Vadodara and Gujarat correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0001129 of Yes Bank for its Mangrol branch located in Vadodara, 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 Vadodara and Mangrol, 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 Mangrol or Vadodara to get the exact IFSC Code YESB0001129.

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 Vadodara, you'll get the correct details.

How to Use IFSC Code YESB0001129 for Online Transfers?

Once you have the IFSC Code YESB0001129 for the Mangrol branch of Yes Bank in Vadodara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0001129. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Yes Bank IFSC Code YESB0001129.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Mangrol in Vadodara, 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 Mangrol, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Vadodara to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Mangrol, Vadodara?

The IFSC Code is YESB0001129.

Is the IFSC Code YESB0001129 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Yes Bank Mangrol?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mangrol branch?

The address of the branch is Ground Floor, House No. 2/27, Nr. Milk Dairy, Mangrol, Tal. Karjan, Dist. Vadodara, Guj 391240 located in Vadodara, Mangrol, Gujarat.

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.