Use this page as a one-stop reference for everything related to Yes Bank's HOSHANGABAD, MADHYA PRADESH branch in HOSHANGABAD, MADHYA PRADESH. The branch's IFSC code YESB0000672 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, YESB0000672 is the IFSC of Yes Bank's HOSHANGABAD, MADHYA PRADESH branch. The format is fixed: YESB = bank code, 0 = reserved, 000672 = branch identifier.
About the bank
Yes Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Hoshangabad, Madhya Pradesh branch in Hoshangabad, Madhya Pradesh is part of this network and uses the IFSC code YESB0000672 for all electronic settlement.
Branch details at a glance
| Bank Name | Yes Bank |
|---|---|
| Branch | Hoshangabad, Madhya Pradesh |
| IFSC Code | YESB0000672 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PART GROUND FLOOR, PLOT NO. 34/21, SHEET NO. 41, ANAND NAGAR, HOSHANGABAD, MADHYA PRADESH, PIN- 461001 |
| City | Hoshangabad |
| District | Hoshangabad |
| State | Madhya Pradesh |
| STD Code | 7574 |
| Phone | 252107 |
About the Hoshangabad, Madhya Pradesh branch
The Hoshangabad, Madhya Pradesh branch of Yes Bank is situated at PART GROUND FLOOR, PLOT NO. 34/21, SHEET NO. 41, ANAND NAGAR, HOSHANGABAD, MADHYA PRADESH, PIN- 461001. 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 YESB0000672 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Yes Bank's HOSHANGABAD, MADHYA PRADESH branch came to be assigned the code YESB0000672.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC YESB0000672, money simply cannot be routed to the HOSHANGABAD, MADHYA PRADESH branch electronically.
Products and account variants supported
Every account opened at the Hoshangabad, Madhya Pradesh branch is mapped to IFSC YESB0000672 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 YESB0000672.
Products and services
Customers walking into the Hoshangabad, Madhya Pradesh 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 YESB0000672
How to transfer money using IFSC YESB0000672
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 YESB0000672 across all three.
NEFT to Yes Bank, HOSHANGABAD, MADHYA PRADESH using IFSC YESB0000672
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 YESB0000672, and confirm that the system picks up Yes Bank – HOSHANGABAD, MADHYA PRADESH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC YESB0000672
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 – HOSHANGABAD, MADHYA PRADESH, ensure your bank's portal accepts IFSC YESB0000672 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Yes Bank – HOSHANGABAD, MADHYA PRADESH, use IMPS. With IFSC YESB0000672 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 YESB0000672 for Yes Bank – HOSHANGABAD, MADHYA PRADESH, 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 – YESB0000672 | Yes – YESB0000672 | Yes – YESB0000672 |
For most retail customers crediting the Hoshangabad, Madhya Pradesh 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.
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 HOSHANGABAD, MADHYA PRADESH branch, the IFSC YESB0000672 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.
Online banking and IFSC YESB0000672
Yes Bank customers can register for net banking and the bank's official mobile app once their account at the HOSHANGABAD, MADHYA PRADESH 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 YESB0000672 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.
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 YESB0000672 and the account number together uniquely identify the Hoshangabad, Madhya Pradesh branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC YESB0000672
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 – HOSHANGABAD, MADHYA PRADESH, 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:
YESB0000672. - 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 Hoshangabad, Madhya Pradesh branch
The branch is located at PART GROUND FLOOR, PLOT NO. 34/21, SHEET NO. 41, ANAND NAGAR, HOSHANGABAD, MADHYA PRADESH, PIN- 461001, which puts it inside Hoshangabad, the broader Hoshangabad district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Yes Bank Hoshangabad, Madhya Pradesh branch” — the verified location pin for IFSC YESB0000672 should appear at the top of the results.
- Confirm the branch is open by calling 7574-252107 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 YESB0000672 and your account number.
Verifying IFSC YESB0000672 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 YESB0000672 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7574-252107.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Hoshangabad, Madhya Pradesh 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 YESB0000672 continue to work without interruption.
Branch address & contact
Yes BankHoshangabad, Madhya Pradesh Branch
PART GROUND FLOOR, PLOT NO. 34/21, SHEET NO. 41, ANAND NAGAR, HOSHANGABAD, MADHYA PRADESH, PIN- 461001
Hoshangabad, Madhya Pradesh
Phone: 7574-252107
IFSC: YESB0000672
Frequently asked questions
What is the phone number of Yes Bank Hoshangabad, Madhya Pradesh branch?
You can reach the branch at 7574-252107 during regular banking hours.
How do I add Yes Bank Hoshangabad, Madhya Pradesh as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC YESB0000672, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC YESB0000672 the same for all accounts at Hoshangabad, Madhya Pradesh branch?
Yes. The IFSC YESB0000672 is shared by every account held at Yes Bank's Hoshangabad, Madhya Pradesh branch. Only the account number changes from customer to customer.
What is the IFSC code of Yes Bank Hoshangabad, Madhya Pradesh branch?
The IFSC code of Yes Bank, Hoshangabad, Madhya Pradesh branch is YESB0000672. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using YESB0000672 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Yes Bank – Hoshangabad, Madhya Pradesh reflect within 30 minutes.
Can I use IFSC YESB0000672 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC YESB0000672 to send funds instantly.
Does Yes Bank Hoshangabad, Madhya Pradesh branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7574-252107 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Hoshangabad, Madhya Pradesh branch but serve different purposes.
Final notes
To recap: YESB0000672 is the IFSC code of Yes Bank, HOSHANGABAD, MADHYA PRADESH branch, in HOSHANGABAD, MADHYA PRADESH. 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.
More Articles for IFSC Code
IFSC Code of Zila Sahakri Bank Limited Ghaziabad, Loni Branch, Uttar Pradesh
