Use this page as a one-stop reference for everything related to Yes Bank's LOKVIKAS NAGARI SAH BANK SATARA PAR branch in AURANGABAD, MAHARASHTRA. The branch's IFSC code YESB0LNSB08 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Yes Bank – LOKVIKAS NAGARI SAH BANK SATARA PAR is YESB0LNSB08. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters LNSB08 map to this branch in AURANGABAD, MAHARASHTRA.
Branch details at a glance
| Bank Name | Yes Bank |
|---|---|
| Branch | Lokvikas Nagari Sah Bank Satara Par |
| IFSC Code | YESB0LNSB08 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT NO. 31, 31/1 PATEL COMPLEX, GUT NO. 131, DEVLAI ROAD, AURANGABAD 431010 |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| STD Code | 240 |
| Phone | 2654584 |
About Yes Bank
Yes Bank operates a wide network of branches across India, including the Lokvikas Nagari Sah Bank Satara Par 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, YESB0LNSB08.
About this branch
The branch is located at PLOT NO. 31, 31/1 PATEL COMPLEX, GUT NO. 131, DEVLAI ROAD, AURANGABAD 431010. It serves the Aurangabad region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Yes Bank. The IFSC YESB0LNSB08 is used to identify this branch on the RBI payments network.
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 LOKVIKAS NAGARI SAH BANK SATARA PAR of Yes Bank — its own 11-character IFSC. The code YESB0LNSB08 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 YESB0LNSB08 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC YESB0LNSB08
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 YESB0LNSB08 across all three.
NEFT to Yes Bank, LOKVIKAS NAGARI SAH BANK SATARA PAR using IFSC YESB0LNSB08
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 YESB0LNSB08, and confirm that the system picks up Yes Bank – LOKVIKAS NAGARI SAH BANK SATARA PAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC YESB0LNSB08
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 – LOKVIKAS NAGARI SAH BANK SATARA PAR, ensure your bank's portal accepts IFSC YESB0LNSB08 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Yes Bank – LOKVIKAS NAGARI SAH BANK SATARA PAR, use IMPS. With IFSC YESB0LNSB08 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 YESB0LNSB08 for Yes Bank – LOKVIKAS NAGARI SAH BANK SATARA PAR, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – YESB0LNSB08 | Yes – YESB0LNSB08 | Yes – YESB0LNSB08 |
For most retail customers crediting the Lokvikas Nagari Sah Bank Satara Par 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 YESB0LNSB08
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 – LOKVIKAS NAGARI SAH BANK SATARA PAR is still mapped to IFSC YESB0LNSB08. 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 YESB0LNSB08 and the beneficiary's account number to complete the transfer.
Account types you can open at the Lokvikas Nagari Sah Bank Satara Par branch
Once you have an account at Yes Bank – LOKVIKAS NAGARI SAH BANK SATARA PAR, the IFSC YESB0LNSB08 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Lokvikas Nagari Sah Bank Satara Par branch can access most of Yes Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC YESB0LNSB08
MICR & cheque-truncation details
Cheques drawn on the Lokvikas Nagari Sah Bank Satara Par branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0LNSB08 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC YESB0LNSB08
Yes Bank customers can register for net banking and the bank's official mobile app once their account at the LOKVIKAS NAGARI SAH BANK SATARA PAR 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 YESB0LNSB08 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.
Common mistakes to avoid when using IFSC YESB0LNSB08
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Yes Bank – LOKVIKAS NAGARI SAH BANK SATARA PAR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
YESB0LNSB08. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Lokvikas Nagari Sah Bank Satara Par branch
The branch is located at PLOT NO. 31, 31/1 PATEL COMPLEX, GUT NO. 131, DEVLAI ROAD, AURANGABAD 431010, which puts it inside Aurangabad, the broader Aurangabad district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Yes Bank Lokvikas Nagari Sah Bank Satara Par branch” — the verified location pin for IFSC YESB0LNSB08 should appear at the top of the results.
- Confirm the branch is open by calling 240-2654584 before stepping out, especially around public holidays.
- 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 YESB0LNSB08 and your account number.
Verifying IFSC YESB0LNSB08 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 YESB0LNSB08 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 240-2654584.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Lokvikas Nagari Sah Bank Satara Par 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 YESB0LNSB08 continue to work without interruption.
Branch address & contact
Yes BankLokvikas Nagari Sah Bank Satara Par Branch
PLOT NO. 31, 31/1 PATEL COMPLEX, GUT NO. 131, DEVLAI ROAD, AURANGABAD 431010
Aurangabad, Maharashtra
Phone: 240-2654584
IFSC: YESB0LNSB08
Frequently asked questions
What is the IFSC code of Yes Bank Lokvikas Nagari Sah Bank Satara Par branch?
The IFSC code of Yes Bank, Lokvikas Nagari Sah Bank Satara Par branch is YESB0LNSB08. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Yes Bank Lokvikas Nagari Sah Bank Satara Par as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC YESB0LNSB08, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Yes Bank Lokvikas Nagari Sah Bank Satara Par branch?
You can reach the branch at 240-2654584 during regular banking hours.
Can I use IFSC YESB0LNSB08 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC YESB0LNSB08 to send funds instantly.
Is IFSC YESB0LNSB08 the same for all accounts at Lokvikas Nagari Sah Bank Satara Par branch?
Yes. The IFSC YESB0LNSB08 is shared by every account held at Yes Bank's Lokvikas Nagari Sah Bank Satara Par branch. Only the account number changes from customer to customer.
Does Yes Bank Lokvikas Nagari Sah Bank Satara Par branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 240-2654584 to confirm.
How quickly will an NEFT transfer using YESB0LNSB08 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Yes Bank – Lokvikas Nagari Sah Bank Satara Par reflect within 30 minutes.
Final notes
To recap: YESB0LNSB08 is the IFSC code of Yes Bank, LOKVIKAS NAGARI SAH BANK SATARA PAR 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.
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