YES BANK - ALMORA ZILA SAHKARI BANK ZILAPARISH
IFSC Code: YESB0AZSB08
The IFSC (Indian Financial System Code) YESB0AZSB08 belongs to the YES BANK branch located in ALMORA, UTTARAKHAND. This unique 11-character alphanumeric code is essential for conducting various online banking transactions including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) in India.
Understanding your bank's IFSC code is crucial for seamless digital banking. Whether you're receiving salary payments, making online bill payments, or transferring funds to friends and family, this code ensures your money reaches the correct branch efficiently and securely.
Branch Information
This YES BANK branch in ALMORA provides comprehensive banking services to customers in the ALMORA district. Whether you need to open a new account, apply for a loan, or conduct day-to-day banking transactions, this branch serves the local community with modern banking facilities.
How to Use This IFSC Code
The IFSC code YESB0AZSB08 is required whenever you need to transfer money electronically to this branch. Here's a comprehensive guide on when and how to use it:
When You Need This IFSC Code:
- NEFT Transfers: When transferring funds through National Electronic Funds Transfer, you'll need to provide this IFSC code along with the beneficiary's account number. NEFT operates in hourly batches and is ideal for non-urgent transfers.
- RTGS Transfers: For Real Time Gross Settlement of amounts above ₹2 lakhs, this code ensures instant transfer to the beneficiary's account at this specific branch.
- IMPS Payments: Immediate Payment Service transactions also require the IFSC code for instant 24/7 money transfers, including holidays.
- Online Bill Payments: Many utility companies and service providers request your bank's IFSC code for setting up auto-debit mandates.
- Receiving Salary: Provide this code to your employer for salary credit if your account is held at this branch.
How to Enter the IFSC Code:
- Log in to your online banking or mobile banking app
- Navigate to the 'Add Beneficiary' or 'Transfer Money' section
- Enter the recipient's name and account number
- Enter the IFSC code: YESB0AZSB08
- Verify all details and confirm the addition
- Complete any OTP verification if required
Pro Tip: Always double-check the IFSC code before confirming any transaction. An incorrect code will result in transaction failure or, worse, money being sent to the wrong branch.
Understanding the IFSC Code Format
The IFSC code YESB0AZSB08 follows a standardized 11-character format defined by the Reserve Bank of India (RBI):
Identifies YES BANK
Reserved for future use
Uniquely identifies this ALMORA ZILA SAHKARI BANK ZILAPARISH branch
Frequently Asked Questions
What is an IFSC code and why is it important?
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies every bank branch in India. It's essential for electronic fund transfers like NEFT, RTGS, and IMPS. Without the correct IFSC code, your online banking transactions cannot be completed successfully.
How do I find my bank branch's IFSC code?
You can find your IFSC code in several ways: (1) Check your bank passbook or checkbook - it's usually printed on the first page, (2) Use your bank's official website or mobile app, (3) Visit the RBI's official website, or (4) Use ChennaiIQ's IFSC search tool to find any branch's code instantly.
Is the IFSC code same for all branches of YES BANK?
No, each branch of YES BANK has its own unique IFSC code. While the first 4 characters (bank code) remain the same across all branches, the last 6 characters identify the specific branch. This ensures that your money reaches the exact branch where the beneficiary's account is held.
Can I use this IFSC code for international transfers?
IFSC codes are primarily used for domestic transfers within India. For international transfers to this branch, you'll need the bank's SWIFT code instead. However, the IFSC code may still be required as additional information for some international remittance services.
What happens if I enter the wrong IFSC code?
If you enter an incorrect IFSC code, the transaction will typically fail during validation, and your money will be returned to your account within 2-3 working days. However, it's crucial to verify the code beforehand to avoid delays and potential complications in urgent transfers.