IFSC Code of Yes Bank, Indore Cloth Mkt Coop Bank Gumasta Branch, Madhya Pradesh

Below are the complete branch details for Yes Bank, INDORE CLOTH MKT COOP BANK GUMASTA branch, located in INDORE, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is YESB0ICMB04. 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 YESB0ICMB04 for Yes Bank – INDORE CLOTH MKT COOP BANK GUMASTA — 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 – INDORE CLOTH MKT COOP BANK GUMASTA is YESB0ICMB04. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters ICMB04 map to this branch in INDORE, MADHYA PRADESH.

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Indore Cloth Mkt Coop Bank Gumasta branch in Indore. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, YESB0ICMB04.

About the Indore Cloth Mkt Coop Bank Gumasta branch

The Indore Cloth Mkt Coop Bank Gumasta branch of Yes Bank is situated at 310 USHA NAGAR EXTENSSION, INDORE 452009. 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 YESB0ICMB04 is used.

Branch details at a glance

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 INDORE CLOTH MKT COOP BANK GUMASTA branch came to be assigned the code YESB0ICMB04.

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 YESB0ICMB04, money simply cannot be routed to the INDORE CLOTH MKT COOP BANK GUMASTA branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Indore Cloth Mkt Coop Bank Gumasta branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0ICMB04 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 YESB0ICMB04

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 YESB0ICMB04 across all three.

NEFT to Yes Bank, INDORE CLOTH MKT COOP BANK GUMASTA using IFSC YESB0ICMB04

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 YESB0ICMB04, and confirm that the system picks up Yes Bank – INDORE CLOTH MKT COOP BANK GUMASTA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC YESB0ICMB04

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 – INDORE CLOTH MKT COOP BANK GUMASTA, ensure your bank's portal accepts IFSC YESB0ICMB04 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Yes Bank INDORE CLOTH MKT COOP BANK GUMASTA (IFSC YESB0ICMB04)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0ICMB04 in your mobile or internet banking app, and the money is credited to the INDORE CLOTH MKT COOP BANK GUMASTA branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC YESB0ICMB04 for Yes Bank – INDORE CLOTH MKT COOP BANK GUMASTA, 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.

For most retail customers crediting the Indore Cloth Mkt Coop Bank Gumasta 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.

UPI payments and IFSC YESB0ICMB04

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 – INDORE CLOTH MKT COOP BANK GUMASTA is still mapped to IFSC YESB0ICMB04. 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 YESB0ICMB04 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Indore Cloth Mkt Coop Bank Gumasta branch is mapped to IFSC YESB0ICMB04 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 YESB0ICMB04.

Products and services

Customers walking into the Indore Cloth Mkt Coop Bank Gumasta 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 YESB0ICMB04

Digital banking channels

Most day-to-day work that customers used to do at the Indore Cloth Mkt Coop Bank Gumasta 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 YESB0ICMB04 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.

How to reach the Indore Cloth Mkt Coop Bank Gumasta branch

The branch is located at 310 USHA NAGAR EXTENSSION, INDORE 452009, which puts it inside Indore, the broader Indore district, and the state of Madhya Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Indore Cloth Mkt Coop Bank Gumasta branch” — the verified location pin for IFSC YESB0ICMB04 should appear at the top of the results.
2. Confirm the branch is open by calling 731-2790070 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 YESB0ICMB04 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 – INDORE CLOTH MKT COOP BANK GUMASTA:

• The IFSC is exactly YESB0ICMB04 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 INDORE CLOTH MKT COOP BANK GUMASTA 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.

Working hours

Branch counters at Indore Cloth Mkt Coop Bank Gumasta 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 YESB0ICMB04 continue to work without interruption.

Verifying IFSC YESB0ICMB04 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 YESB0ICMB04 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 731-2790070.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0ICMB04 belongs to Yes Bank's INDORE CLOTH MKT COOP BANK GUMASTA branch, located at 310 USHA NAGAR EXTENSSION, INDORE 452009 in INDORE, MADHYA PRADESH. 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.