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IFSC Code of Yes Bank, Akola Urban Coop Bank Karanja, Karanja, Maharashtra — YESB0AUB003

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Akola Urban Coop Bank Karanja branch in Washim, Karanja, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in Washim or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0AUB003. 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, Akola Urban Coop Bank Karanja, Washim

The table below shows the main details of the IFSC Code YESB0AUB003 for the Yes Bank branch in Washim, which falls under the Karanja district in Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0AUB003
Branch Akola Urban Coop Bank Karanja
City Washim
District Karanja
State Maharashtra
Address Main Rd, Cotton Market, Near Apmc. Karanja 444105

These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Washim for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0AUB003 for the Akola Urban Coop Bank Karanja branch of Yes Bank is vital.

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 Akola Urban Coop Bank Karanja, Washim, Maharashtra, are given a unique IFSC like YESB0AUB003 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Washim.
  • 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 Washim and Karanja.
  • 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 Akola Urban Coop Bank Karanja goes to the correct branch. This is important because Yes Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0AUB003

The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Yes Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Akola Urban Coop Bank Karanja in Washim.

For example, the IFSC Code YESB0AUB003 of Yes Bank for the Akola Urban Coop Bank Karanja branch includes these elements, identifying the bank and the branch location in Washim and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0AUB003 of Yes Bank for its Akola Urban Coop Bank Karanja branch located in Washim, 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 Washim and Karanja, 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 Akola Urban Coop Bank Karanja or Washim to get the exact IFSC Code YESB0AUB003.

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 Washim, you'll get the correct details.

How to Use IFSC Code YESB0AUB003 for Online Transfers?

If you have the IFSC Code YESB0AUB003 for the Akola Urban Coop Bank Karanja branch of Yes Bank in Washim, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0AUB003. 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 YESB0AUB003.

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 Akola Urban Coop Bank Karanja in Washim, it may result in delayed or failed transactions.

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 Akola Urban Coop Bank Karanja, 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 Washim to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Akola Urban Coop Bank Karanja, Washim?

The IFSC Code is YESB0AUB003.

Is the IFSC Code YESB0AUB003 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Akola Urban Coop Bank Karanja?

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

What is the full address of the Akola Urban Coop Bank Karanja branch?

The address of the branch is Main Rd, Cotton Market, Near Apmc. Karanja 444105 located in Washim, Karanja, 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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