There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its The Yavatmal Ucb Babhulgaon branch in Yavatmal, Babhulgaon, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Yes Bank situated in Yavatmal or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code YESB0YUCB16. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, The Yavatmal Ucb Babhulgaon, Yavatmal

Here are the main details that are associated with the IFSC Code YESB0YUCB16 of Yes Bank for its branch located in Yavatmal, within the district of Babhulgaon in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0YUCB16
Branch The Yavatmal Ucb Babhulgaon
City Yavatmal
District Babhulgaon
State Maharashtra
Address Indira Chowk Babhulgaon-445101

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Yavatmal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0YUCB16 for the The Yavatmal Ucb Babhulgaon branch of Yes Bank has an important role.

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 The Yavatmal Ucb Babhulgaon, Yavatmal, Maharashtra, is provided a unique IFSC like YESB0YUCB16 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Yavatmal.
  • 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 Yavatmal and Babhulgaon.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in The Yavatmal Ucb Babhulgaon do not get misguided to another person.

Format of the IFSC Code YESB0YUCB16

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 The Yavatmal Ucb Babhulgaon in Yavatmal.

For example, the IFSC Code YESB0YUCB16 of Yes Bank for the The Yavatmal Ucb Babhulgaon branch includes these elements, identifying the bank and the branch location in Yavatmal and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0YUCB16 of Yes Bank for its The Yavatmal Ucb Babhulgaon branch located in Yavatmal, the following methods can help:

Cheque Book

The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Yes Bank branches in Yavatmal and Babhulgaon, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Yes Bank and find the branch locator section. Search for The Yavatmal Ucb Babhulgaon or Yavatmal to get the exact IFSC Code YESB0YUCB16.

Mobile Banking App

If you use Yes Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Yes Bank and Yavatmal that will provide accurate information.

How to Use IFSC Code YESB0YUCB16 for Online Transfers?

If you have the IFSC Code YESB0YUCB16 for the The Yavatmal Ucb Babhulgaon branch of Yes Bank in Yavatmal, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0YUCB16. 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 YESB0YUCB16.

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 The Yavatmal Ucb Babhulgaon in Yavatmal, 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 The Yavatmal Ucb Babhulgaon, 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 Yavatmal manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in The Yavatmal Ucb Babhulgaon, Yavatmal?

The IFSC Code is YESB0YUCB16.

Is the IFSC Code YESB0YUCB16 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 The Yavatmal Ucb Babhulgaon?

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 The Yavatmal Ucb Babhulgaon branch?

The address of the branch is Indira Chowk Babhulgaon-445101 located in Yavatmal, Babhulgaon, 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.