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IFSC Code of Yes Bank, Pragati Sahakari Bank Ltd Gtr, Vadodara, Gujarat — YESB0PSB007

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 Pragati Sahakari Bank Ltd Gtr branch in Vadodara, Vadodara, 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 YESB0PSB007. 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, Pragati Sahakari Bank Ltd Gtr, Vadodara

Here are the key points that are associated with the IFSC Code YESB0PSB007 of Yes Bank for its branch located in Vadodara, within the district of Vadodara in the state of Gujarat.

Particulars Details
Bank Yes Bank
IFSC Code YESB0PSB007
Branch Pragati Sahakari Bank Ltd Gtr
City Vadodara
District Vadodara
State Gujarat
Address 6, Jyot Nagar Soc, High Tension Road Vadodara - 390007

These details helps users in online banking and for businesses and individuals who use Yes Bank in Vadodara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0PSB007 for the Pragati Sahakari Bank Ltd Gtr 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 Pragati Sahakari Bank Ltd Gtr, Vadodara, Gujarat, are allotted a unique IFSC like YESB0PSB007 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vadodara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Vadodara and Vadodara.
  • 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 Pragati Sahakari Bank Ltd Gtr reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code YESB0PSB007

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 Pragati Sahakari Bank Ltd Gtr in Vadodara.

For example, the IFSC Code YESB0PSB007 of Yes Bank for the Pragati Sahakari Bank Ltd Gtr branch includes 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 YESB0PSB007 of Yes Bank for its Pragati Sahakari Bank Ltd Gtr 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

Most banks, including Yes Bank branches in Vadodara and Vadodara, print the IFSC and MICR codes 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 Pragati Sahakari Bank Ltd Gtr or Vadodara to get the exact IFSC Code YESB0PSB007.

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 YESB0PSB007 for Online Transfers?

If you have the IFSC Code YESB0PSB007 for the Pragati Sahakari Bank Ltd Gtr branch of Yes Bank in Vadodara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0PSB007. 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 YESB0PSB007.

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 Pragati Sahakari Bank Ltd Gtr in Vadodara, 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 Pragati Sahakari Bank Ltd Gtr, 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 Vadodara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Pragati Sahakari Bank Ltd Gtr, Vadodara?

The IFSC Code is YESB0PSB007.

Is the IFSC Code YESB0PSB007 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 Pragati Sahakari Bank Ltd Gtr?

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 Pragati Sahakari Bank Ltd Gtr branch?

The address of the branch is 6, Jyot Nagar Soc, High Tension Road Vadodara - 390007 located in Vadodara, Vadodara, 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.

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