IFSC Code of Yes Bank, Utkal Coop Banking Soc Bhubaneshwar Branch, Odisha

Use this page as a one-stop reference for everything related to Yes Bank's UTKAL COOP BANKING SOC BHUBANESHWAR branch in BHUBANESWAR, ODISHA. The branch's IFSC code YESB0UTKAL1 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.

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 UTKAL COOP BANKING SOC BHUBANESHWAR branch, the IFSC YESB0UTKAL1 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and UTKAL1 identifies this particular branch.

Branch details at a glance

Bank profile

Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Utkal Coop Banking Soc Bhubaneshwar branch — IFSC YESB0UTKAL1 — extends the bank's services to customers in and around Bhubaneswar, Odisha.

About this branch

The branch is located at PLOT 3 UNIT 3 KHARVELA NAGAR BHUBANESHWAR 751001. It serves the Bhubaneswar 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 YESB0UTKAL1 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 UTKAL COOP BANKING SOC BHUBANESHWAR of Yes Bank — its own 11-character IFSC. The code YESB0UTKAL1 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 YESB0UTKAL1 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 YESB0UTKAL1

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 YESB0UTKAL1 across all three.

How to use IFSC YESB0UTKAL1 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Yes Bank's UTKAL COOP BANKING SOC BHUBANESHWAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC YESB0UTKAL1.
4. Confirm the bank name auto-populates as Yes Bank and the branch as UTKAL COOP BANKING SOC BHUBANESHWAR.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to UTKAL COOP BANKING SOC BHUBANESHWAR

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's UTKAL COOP BANKING SOC BHUBANESHWAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0UTKAL1 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 – UTKAL COOP BANKING SOC BHUBANESHWAR, use IMPS. With IFSC YESB0UTKAL1 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Utkal Coop Banking Soc Bhubaneshwar

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 YESB0UTKAL1:

• 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 UTKAL COOP BANKING SOC BHUBANESHWAR is still linked to IFSC YESB0UTKAL1.

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 YESB0UTKAL1

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 – UTKAL COOP BANKING SOC BHUBANESHWAR is still mapped to IFSC YESB0UTKAL1. 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 YESB0UTKAL1 and the beneficiary's account number to complete the transfer.

Account types you can open at the Utkal Coop Banking Soc Bhubaneshwar branch

Once you have an account at Yes Bank – UTKAL COOP BANKING SOC BHUBANESHWAR, the IFSC YESB0UTKAL1 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 Utkal Coop Banking Soc Bhubaneshwar 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 YESB0UTKAL1

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 YESB0UTKAL1 and the account number together uniquely identify the Utkal Coop Banking Soc Bhubaneshwar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC YESB0UTKAL1

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the UTKAL COOP BANKING SOC BHUBANESHWAR 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 YESB0UTKAL1 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 YESB0UTKAL1

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 – UTKAL COOP BANKING SOC BHUBANESHWAR, 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: YESB0UTKAL1.
• 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 Utkal Coop Banking Soc Bhubaneshwar branch

The branch is located at PLOT 3 UNIT 3 KHARVELA NAGAR BHUBANESHWAR 751001, which puts it inside Bhubaneswar, the broader Khurda district, and the state of Odisha. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Utkal Coop Banking Soc Bhubaneshwar branch” — the verified location pin for IFSC YESB0UTKAL1 should appear at the top of the results.
2. Confirm the branch is open by calling 9090463882 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 YESB0UTKAL1 and your account number.

Verifying IFSC YESB0UTKAL1 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 YESB0UTKAL1 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 9090463882.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Utkal Coop Banking Soc Bhubaneshwar 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 YESB0UTKAL1 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0UTKAL1 belongs to Yes Bank's UTKAL COOP BANKING SOC BHUBANESHWAR branch, located at PLOT 3 UNIT 3 KHARVELA NAGAR BHUBANESHWAR 751001 in BHUBANESWAR, ODISHA. 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.