IFSC Code of Yes Bank, Lokvikas Nagari Sah Bank Garkheda Branch, Maharashtra

Below are the complete branch details for Yes Bank, LOKVIKAS NAGARI SAH BANK GARKHEDA branch, located in AURANGABAD, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is YESB0LNSB03. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case YESB0LNSB03 for Yes Bank – LOKVIKAS NAGARI SAH BANK GARKHEDA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, YESB0LNSB03 is the IFSC of Yes Bank's LOKVIKAS NAGARI SAH BANK GARKHEDA branch. The format is fixed: YESB = bank code, 0 = reserved, LNSB03 = branch identifier.

Branch details at a glance

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Lokvikas Nagari Sah Bank Garkheda branch in Aurangabad. 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, YESB0LNSB03.

Lokvikas Nagari Sah Bank Garkheda branch overview

Located at CHETAK GHODA CHOUK, JAWAHAR COLONY, GARKHEDA PARISAR, AURANGABAD 431009, the Lokvikas Nagari Sah Bank Garkheda branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0LNSB03 is required for all interbank electronic transfers routed through this branch.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Yes Bank's LOKVIKAS NAGARI SAH BANK GARKHEDA branch came to be assigned the code YESB0LNSB03.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC YESB0LNSB03, money simply cannot be routed to the LOKVIKAS NAGARI SAH BANK GARKHEDA branch electronically.

How to transfer money using IFSC YESB0LNSB03

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 YESB0LNSB03 across all three.

NEFT to Yes Bank, LOKVIKAS NAGARI SAH BANK GARKHEDA using IFSC YESB0LNSB03

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 YESB0LNSB03, and confirm that the system picks up Yes Bank – LOKVIKAS NAGARI SAH BANK GARKHEDA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to LOKVIKAS NAGARI SAH BANK GARKHEDA

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's LOKVIKAS NAGARI SAH BANK GARKHEDA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0LNSB03 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Yes Bank – LOKVIKAS NAGARI SAH BANK GARKHEDA, use IMPS. With IFSC YESB0LNSB03 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC YESB0LNSB03 for Yes Bank – LOKVIKAS NAGARI SAH BANK GARKHEDA, 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 Lokvikas Nagari Sah Bank Garkheda 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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Yes Bank's LOKVIKAS NAGARI SAH BANK GARKHEDA branch, the IFSC YESB0LNSB03 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Lokvikas Nagari Sah Bank Garkheda branch is mapped to IFSC YESB0LNSB03 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 YESB0LNSB03.

Banking services available

The Lokvikas Nagari Sah Bank Garkheda branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 240-2350228.

• 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 YESB0LNSB03

MICR & cheque-truncation details

Cheques drawn on the Lokvikas Nagari Sah Bank Garkheda branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0LNSB03 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC YESB0LNSB03

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the LOKVIKAS NAGARI SAH BANK GARKHEDA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC YESB0LNSB03 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

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 – LOKVIKAS NAGARI SAH BANK GARKHEDA:

• The IFSC is exactly YESB0LNSB03 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 LOKVIKAS NAGARI SAH BANK GARKHEDA 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.

How to reach the Lokvikas Nagari Sah Bank Garkheda branch

The branch is located at CHETAK GHODA CHOUK, JAWAHAR COLONY, GARKHEDA PARISAR, AURANGABAD 431009, which puts it inside Aurangabad, the broader Aurangabad district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Lokvikas Nagari Sah Bank Garkheda branch” — the verified location pin for IFSC YESB0LNSB03 should appear at the top of the results.
2. Confirm the branch is open by calling 240-2350228 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 YESB0LNSB03 and your account number.

Verifying IFSC YESB0LNSB03 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm YESB0LNSB03 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 240-2350228.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Lokvikas Nagari Sah Bank Garkheda 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 YESB0LNSB03 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: YESB0LNSB03 is the IFSC code of Yes Bank, LOKVIKAS NAGARI SAH BANK GARKHEDA branch, in AURANGABAD, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.