IFSC Code of Yes Bank, Gandhibagh Sahakari Bank Chandrapur Branch, Maharashtra

Use this page as a one-stop reference for everything related to Yes Bank's GANDHIBAGH SAHAKARI BANK CHANDRAPUR branch in CHANDRAPUR, MAHARASHTRA. The branch's IFSC code YESB0GSB008 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.

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, YESB0GSB008 is the IFSC of Yes Bank's GANDHIBAGH SAHAKARI BANK CHANDRAPUR branch. The format is fixed: YESB = bank code, 0 = reserved, GSB008 = branch identifier.

Branch details at a glance

About the bank

Yes Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Gandhibagh Sahakari Bank Chandrapur branch in Chandrapur, Maharashtra is part of this network and uses the IFSC code YESB0GSB008 for all electronic settlement.

Gandhibagh Sahakari Bank Chandrapur branch overview

Located at NEAR ABHAY TALKIES BHANAPETH CHANDRAPUR 442401, the Gandhibagh Sahakari Bank Chandrapur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0GSB008 is required for all interbank electronic transfers routed through this branch.

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 GANDHIBAGH SAHAKARI BANK CHANDRAPUR of Yes Bank — its own 11-character IFSC. The code YESB0GSB008 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 YESB0GSB008 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 YESB0GSB008

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 YESB0GSB008 across all three.

NEFT to Yes Bank, GANDHIBAGH SAHAKARI BANK CHANDRAPUR using IFSC YESB0GSB008

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 YESB0GSB008, and confirm that the system picks up Yes Bank – GANDHIBAGH SAHAKARI BANK CHANDRAPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to GANDHIBAGH SAHAKARI BANK CHANDRAPUR

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's GANDHIBAGH SAHAKARI BANK CHANDRAPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0GSB008 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 – GANDHIBAGH SAHAKARI BANK CHANDRAPUR, use IMPS. With IFSC YESB0GSB008 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 Gandhibagh Sahakari Bank Chandrapur

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 YESB0GSB008:

• 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 GANDHIBAGH SAHAKARI BANK CHANDRAPUR is still linked to IFSC YESB0GSB008.

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.

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 GANDHIBAGH SAHAKARI BANK CHANDRAPUR branch, the IFSC YESB0GSB008 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 Gandhibagh Sahakari Bank Chandrapur branch is mapped to IFSC YESB0GSB008 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 YESB0GSB008.

Products and services

Customers walking into the Gandhibagh Sahakari Bank Chandrapur 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 YESB0GSB008

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 YESB0GSB008 and the account number together uniquely identify the Gandhibagh Sahakari Bank Chandrapur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Gandhibagh Sahakari Bank Chandrapur 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 YESB0GSB008 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.

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 – GANDHIBAGH SAHAKARI BANK CHANDRAPUR:

• The IFSC is exactly YESB0GSB008 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 GANDHIBAGH SAHAKARI BANK CHANDRAPUR 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.

Reaching the branch

The Gandhibagh Sahakari Bank Chandrapur branch sits at NEAR ABHAY TALKIES BHANAPETH CHANDRAPUR 442401. If you are travelling from outside Chandrapur, search for the branch on a maps application using the bank name and locality, or call 7172-254147 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 YESB0GSB008 and your account number.

Verifying IFSC YESB0GSB008 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 YESB0GSB008 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 7172-254147.
• Visiting the bank's official branch locator page.

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 Gandhibagh Sahakari Bank Chandrapur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0GSB008, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0GSB008 belongs to Yes Bank's GANDHIBAGH SAHAKARI BANK CHANDRAPUR branch, located at NEAR ABHAY TALKIES BHANAPETH CHANDRAPUR 442401 in CHANDRAPUR, 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.