IFSC Code of Yes Bank, Sihor Mercantile Coop Bank Shashtri Ngr Branch, Gujarat

If you are searching for the IFSC code of Yes Bank, SIHOR MERCANTILE COOP BANK SHASHTRI NGR branch in BHAVNAGAR, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is YESB0SIMC33. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SIHOR MERCANTILE COOP BANK SHASHTRI NGR branch, and detailed step-by-step guides for using the IFSC YESB0SIMC33 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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 – SIHOR MERCANTILE COOP BANK SHASHTRI NGR is YESB0SIMC33. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters SIMC33 map to this branch in BHAVNAGAR, GUJARAT.

Bank profile

Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Sihor Mercantile Coop Bank Shashtri Ngr branch — IFSC YESB0SIMC33 — extends the bank's services to customers in and around Bhavnagar, Gujarat.

About the Sihor Mercantile Coop Bank Shashtri Ngr branch

The Sihor Mercantile Coop Bank Shashtri Ngr branch of Yes Bank is situated at HARIDARSHAN COMPLEX VITHALWADI SHASTRINAGAR BHAVNAGAR 364001. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code YESB0SIMC33 is used.

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 SIHOR MERCANTILE COOP BANK SHASHTRI NGR of Yes Bank — its own 11-character IFSC. The code YESB0SIMC33 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 YESB0SIMC33 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Sihor Mercantile Coop Bank Shashtri Ngr branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0SIMC33 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC YESB0SIMC33

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 YESB0SIMC33 across all three.

NEFT to Yes Bank, SIHOR MERCANTILE COOP BANK SHASHTRI NGR using IFSC YESB0SIMC33

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 YESB0SIMC33, and confirm that the system picks up Yes Bank – SIHOR MERCANTILE COOP BANK SHASHTRI NGR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SIHOR MERCANTILE COOP BANK SHASHTRI NGR

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's SIHOR MERCANTILE COOP BANK SHASHTRI NGR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0SIMC33 while initiating the transfer and the credit will appear within minutes.

IMPS to Yes Bank SIHOR MERCANTILE COOP BANK SHASHTRI NGR (IFSC YESB0SIMC33)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0SIMC33 in your mobile or internet banking app, and the money is credited to the SIHOR MERCANTILE COOP BANK SHASHTRI NGR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Sihor Mercantile Coop Bank Shashtri Ngr

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC YESB0SIMC33:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at SIHOR MERCANTILE COOP BANK SHASHTRI NGR is still linked to IFSC YESB0SIMC33.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC YESB0SIMC33

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 – SIHOR MERCANTILE COOP BANK SHASHTRI NGR is still mapped to IFSC YESB0SIMC33. 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 YESB0SIMC33 and the beneficiary's account number to complete the transfer.

Account types you can open at the Sihor Mercantile Coop Bank Shashtri Ngr branch

Once you have an account at Yes Bank – SIHOR MERCANTILE COOP BANK SHASHTRI NGR, the IFSC YESB0SIMC33 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.

Banking services available

The Sihor Mercantile Coop Bank Shashtri Ngr branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 278-2520197.

• 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 YESB0SIMC33

Digital banking channels

Most day-to-day work that customers used to do at the Sihor Mercantile Coop Bank Shashtri Ngr 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 YESB0SIMC33 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.

Reaching the branch

The Sihor Mercantile Coop Bank Shashtri Ngr branch sits at HARIDARSHAN COMPLEX VITHALWADI SHASTRINAGAR BHAVNAGAR 364001. If you are travelling from outside Bhavnagar, search for the branch on a maps application using the bank name and locality, or call 278-2520197 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC YESB0SIMC33 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 – SIHOR MERCANTILE COOP BANK SHASHTRI NGR:

• The IFSC is exactly YESB0SIMC33 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 SIHOR MERCANTILE COOP BANK SHASHTRI NGR 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.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Sihor Mercantile Coop Bank Shashtri Ngr branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0SIMC33, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0SIMC33 for Yes Bank – SIHOR MERCANTILE COOP BANK SHASHTRI NGR, 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 YESB0SIMC33 belongs to Yes Bank's SIHOR MERCANTILE COOP BANK SHASHTRI NGR branch, located at HARIDARSHAN COMPLEX VITHALWADI SHASTRINAGAR BHAVNAGAR 364001 in BHAVNAGAR, GUJARAT. 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.