This page lists the IFSC code, branch address, contact number and fund-transfer information for Yes Bank, THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH branch in INDORE. The 11-digit IFSC YESB0AUB031 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Yes Bank at the THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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, YESB0AUB031 is the IFSC of Yes Bank's THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH branch. The format is fixed: YESB = bank code, 0 = reserved, AUB031 = branch identifier.
Branch details at a glance
| Bank Name | Yes Bank |
|---|---|
| Branch | The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch |
| IFSC Code | YESB0AUB031 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 13,NETAJI SUBHASH MARG,INDORE 452007 |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| STD Code | 731 |
| Phone | 2531594 |
Bank profile
Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch — IFSC YESB0AUB031 — extends the bank's services to customers in and around Indore, Madhya Pradesh.
About this branch
The branch is located at 13,NETAJI SUBHASH MARG,INDORE 452007. It serves the Indore 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 YESB0AUB031 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 THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH of Yes Bank — its own 11-character IFSC. The code YESB0AUB031 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 YESB0AUB031 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 YESB0AUB031
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 YESB0AUB031 across all three.
NEFT to Yes Bank, THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH using IFSC YESB0AUB031
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 YESB0AUB031, and confirm that the system picks up Yes Bank – THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC YESB0AUB031
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 – THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH, ensure your bank's portal accepts IFSC YESB0AUB031 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Yes Bank THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH (IFSC YESB0AUB031)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0AUB031 in your mobile or internet banking app, and the money is credited to the THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC YESB0AUB031 for Yes Bank – THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH, 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 – YESB0AUB031 | Yes – YESB0AUB031 | Yes – YESB0AUB031 |
For most retail customers crediting the The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch 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 YESB0AUB031
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 – THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH is still mapped to IFSC YESB0AUB031. 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 YESB0AUB031 and the beneficiary's account number to complete the transfer.
Account types you can open at the The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch
Once you have an account at Yes Bank – THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH, the IFSC YESB0AUB031 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 The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch 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 YESB0AUB031
MICR & cheque-truncation details
Cheques drawn on the The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0AUB031 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC YESB0AUB031
Yes Bank customers can register for net banking and the bank's official mobile app once their account at the THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH 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 YESB0AUB031 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.
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 – THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH:
- The IFSC is exactly YESB0AUB031 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 THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH 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.
How to reach the The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch
The branch is located at 13,NETAJI SUBHASH MARG,INDORE 452007, which puts it inside Indore, the broader Indore district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Yes Bank The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch” — the verified location pin for IFSC YESB0AUB031 should appear at the top of the results.
- Confirm the branch is open by calling 731-2531594 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 YESB0AUB031 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC YESB0AUB031 for Yes Bank – THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch 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 YESB0AUB031 continue to work without interruption.
Branch address & contact
Yes BankThe Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch Branch
13,NETAJI SUBHASH MARG,INDORE 452007
Indore, Madhya Pradesh
Phone: 731-2531594
IFSC: YESB0AUB031
Frequently asked questions
Can I use IFSC YESB0AUB031 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC YESB0AUB031 to send funds instantly.
How do I add Yes Bank The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC YESB0AUB031, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Yes Bank The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch?
The IFSC code of Yes Bank, The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch is YESB0AUB031. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC YESB0AUB031 valid for NEFT and RTGS?
Yes. IFSC YESB0AUB031 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using YESB0AUB031 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Yes Bank – The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch reflect within 30 minutes.
Does Yes Bank The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 731-2531594 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 The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch but serve different purposes.
What is the phone number of Yes Bank The Akola Urban Co-Operative Bank Ltd - Subhash Marg Branch branch?
You can reach the branch at 731-2531594 during regular banking hours.
Summary
The IFSC code YESB0AUB031 belongs to Yes Bank's THE AKOLA URBAN CO-OPERATIVE BANK LTD - SUBHASH MARG BRANCH branch, located at 13,NETAJI SUBHASH MARG,INDORE 452007 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.


