IFSC Code of Yes Bank, Vaijapur Merchants Bank Gangapur Branch, Maharashtra

Below are the complete branch details for Yes Bank, VAIJAPUR MERCHANTS BANK GANGAPUR branch, located in GANGAPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is YESB0VMCB02. 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 YESB0VMCB02 for Yes Bank – VAIJAPUR MERCHANTS BANK GANGAPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 – VAIJAPUR MERCHANTS BANK GANGAPUR is YESB0VMCB02. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters VMCB02 map to this branch in GANGAPUR, MAHARASHTRA.

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 Vaijapur Merchants Bank Gangapur branch in Gangapur, Maharashtra is part of this network and uses the IFSC code YESB0VMCB02 for all electronic settlement.

About the Vaijapur Merchants Bank Gangapur branch

The Vaijapur Merchants Bank Gangapur branch of Yes Bank is situated at MAROTI CHOWK, GANGAPUR - 431109. 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 YESB0VMCB02 is used.

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 VAIJAPUR MERCHANTS BANK GANGAPUR of Yes Bank — its own 11-character IFSC. The code YESB0VMCB02 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 YESB0VMCB02 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 YESB0VMCB02

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 YESB0VMCB02 across all three.

How to use IFSC YESB0VMCB02 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Yes Bank's VAIJAPUR MERCHANTS BANK GANGAPUR 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 YESB0VMCB02.
4. Confirm the bank name auto-populates as Yes Bank and the branch as VAIJAPUR MERCHANTS BANK GANGAPUR.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC YESB0VMCB02

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 – VAIJAPUR MERCHANTS BANK GANGAPUR, ensure your bank's portal accepts IFSC YESB0VMCB02 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Yes Bank VAIJAPUR MERCHANTS BANK GANGAPUR (IFSC YESB0VMCB02)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0VMCB02 in your mobile or internet banking app, and the money is credited to the VAIJAPUR MERCHANTS BANK GANGAPUR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Vaijapur Merchants Bank Gangapur

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 YESB0VMCB02:

• 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 VAIJAPUR MERCHANTS BANK GANGAPUR is still linked to IFSC YESB0VMCB02.

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 YESB0VMCB02

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 – VAIJAPUR MERCHANTS BANK GANGAPUR is still mapped to IFSC YESB0VMCB02. 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 YESB0VMCB02 and the beneficiary's account number to complete the transfer.

Account types you can open at the Vaijapur Merchants Bank Gangapur branch

Once you have an account at Yes Bank – VAIJAPUR MERCHANTS BANK GANGAPUR, the IFSC YESB0VMCB02 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 Vaijapur Merchants Bank Gangapur 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 YESB0VMCB02

MICR & cheque-truncation details

Cheques drawn on the Vaijapur Merchants Bank Gangapur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0VMCB02 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC YESB0VMCB02

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the VAIJAPUR MERCHANTS BANK GANGAPUR 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 YESB0VMCB02 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 YESB0VMCB02

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 – VAIJAPUR MERCHANTS BANK GANGAPUR, 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: YESB0VMCB02.
• 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.

Reaching the branch

The Vaijapur Merchants Bank Gangapur branch sits at MAROTI CHOWK, GANGAPUR - 431109. If you are travelling from outside Gangapur, search for the branch on a maps application using the bank name and locality, or call 2433-221412 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 YESB0VMCB02 and your account number.

Verifying IFSC YESB0VMCB02 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 YESB0VMCB02 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2433-221412.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Vaijapur Merchants Bank Gangapur 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 YESB0VMCB02 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0VMCB02 belongs to Yes Bank's VAIJAPUR MERCHANTS BANK GANGAPUR branch, located at MAROTI CHOWK, GANGAPUR - 431109 in GANGAPUR, 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.