IFSC Code of Yes Bank, Sanmitra Urban Co-Op Bank Ltd,Akola Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for Yes Bank, SANMITRA URBAN CO-OP BANK LTD,AKOLA branch in AKOLA. The 11-digit IFSC YESB0SMUCB1 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Yes Bank at the SANMITRA URBAN CO-OP BANK LTD,AKOLA location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Yes Bank's SANMITRA URBAN CO-OP BANK LTD,AKOLA branch, the IFSC YESB0SMUCB1 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and SMUCB1 identifies this particular branch.

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Sanmitra Urban Co-Op Bank Ltd,Akola branch in Akola. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, YESB0SMUCB1.

Sanmitra Urban Co-Op Bank Ltd,Akola branch overview

Located at NEAR TILAK PARK,RAMDASPETH,AKOLA-444001, the Sanmitra Urban Co-Op Bank Ltd,Akola branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0SMUCB1 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

Why every Yes Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including SANMITRA URBAN CO-OP BANK LTD,AKOLA of Yes Bank — its own 11-character IFSC. The code YESB0SMUCB1 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC YESB0SMUCB1 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Yes Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC YESB0SMUCB1 and the account number together uniquely identify the Sanmitra Urban Co-Op Bank Ltd,Akola branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC YESB0SMUCB1

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC YESB0SMUCB1 across all three.

NEFT to Yes Bank, SANMITRA URBAN CO-OP BANK LTD,AKOLA using IFSC YESB0SMUCB1

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC YESB0SMUCB1, and confirm that the system picks up Yes Bank – SANMITRA URBAN CO-OP BANK LTD,AKOLA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC YESB0SMUCB1

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Yes Bank – SANMITRA URBAN CO-OP BANK LTD,AKOLA, ensure your bank's portal accepts IFSC YESB0SMUCB1 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Yes Bank SANMITRA URBAN CO-OP BANK LTD,AKOLA (IFSC YESB0SMUCB1)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0SMUCB1 in your mobile or internet banking app, and the money is credited to the SANMITRA URBAN CO-OP BANK LTD,AKOLA branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC YESB0SMUCB1 for Yes Bank – SANMITRA URBAN CO-OP BANK LTD,AKOLA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Sanmitra Urban Co-Op Bank Ltd,Akola branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC YESB0SMUCB1

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Yes Bank – SANMITRA URBAN CO-OP BANK LTD,AKOLA is still mapped to IFSC YESB0SMUCB1. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC YESB0SMUCB1 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Sanmitra Urban Co-Op Bank Ltd,Akola branch is mapped to IFSC YESB0SMUCB1 on the RBI payments network. The branch generally supports the full retail product catalogue of Yes Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains YESB0SMUCB1.

Banking services available

The Sanmitra Urban Co-Op Bank Ltd,Akola branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 724-2423992.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC YESB0SMUCB1

Digital banking channels

Most day-to-day work that customers used to do at the Sanmitra Urban Co-Op Bank Ltd,Akola branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC YESB0SMUCB1 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

How to reach the Sanmitra Urban Co-Op Bank Ltd,Akola branch

The branch is located at NEAR TILAK PARK,RAMDASPETH,AKOLA-444001, which puts it inside Akola, the broader Akola district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Sanmitra Urban Co-Op Bank Ltd,Akola branch” — the verified location pin for IFSC YESB0SMUCB1 should appear at the top of the results.
2. Confirm the branch is open by calling 724-2423992 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC YESB0SMUCB1 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Yes Bank – SANMITRA URBAN CO-OP BANK LTD,AKOLA:

• The IFSC is exactly YESB0SMUCB1 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Yes Bank as the bank name and SANMITRA URBAN CO-OP BANK LTD,AKOLA as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Working hours

Branch counters at Sanmitra Urban Co-Op Bank Ltd,Akola are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to YESB0SMUCB1 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0SMUCB1 for Yes Bank – SANMITRA URBAN CO-OP BANK LTD,AKOLA, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0SMUCB1 belongs to Yes Bank's SANMITRA URBAN CO-OP BANK LTD,AKOLA branch, located at NEAR TILAK PARK,RAMDASPETH,AKOLA-444001 in AKOLA, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.