IFSC Code of Yes Bank, Lokvikas Nagari Sahkari Bank Kannad Branch, Maharashtra

If you are searching for the IFSC code of Yes Bank, LOKVIKAS NAGARI SAHKARI BANK KANNAD branch in KANNAD, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is YESB0LNSB10. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the LOKVIKAS NAGARI SAHKARI BANK KANNAD branch, and detailed step-by-step guides for using the IFSC YESB0LNSB10 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Yes Bank's LOKVIKAS NAGARI SAHKARI BANK KANNAD branch, the IFSC YESB0LNSB10 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and LNSB10 identifies this particular branch.

Bank profile

Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Lokvikas Nagari Sahkari Bank Kannad branch — IFSC YESB0LNSB10 — extends the bank's services to customers in and around Kannad, Maharashtra.

Lokvikas Nagari Sahkari Bank Kannad branch overview

Located at PLOT NO 4 BY 242 SHOP NO B1 B5 KHANDELWAL COMP NEAR BUS STAND KANNAD TQ KANNAD AURANGABAD 431103, the Lokvikas Nagari Sahkari Bank Kannad branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0LNSB10 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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 LOKVIKAS NAGARI SAHKARI BANK KANNAD of Yes Bank — its own 11-character IFSC. The code YESB0LNSB10 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 YESB0LNSB10 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Lokvikas Nagari Sahkari Bank Kannad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0LNSB10 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 YESB0LNSB10

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 YESB0LNSB10 across all three.

NEFT to Yes Bank, LOKVIKAS NAGARI SAHKARI BANK KANNAD using IFSC YESB0LNSB10

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 YESB0LNSB10, and confirm that the system picks up Yes Bank – LOKVIKAS NAGARI SAHKARI BANK KANNAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC YESB0LNSB10

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 – LOKVIKAS NAGARI SAHKARI BANK KANNAD, ensure your bank's portal accepts IFSC YESB0LNSB10 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Yes Bank LOKVIKAS NAGARI SAHKARI BANK KANNAD (IFSC YESB0LNSB10)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0LNSB10 in your mobile or internet banking app, and the money is credited to the LOKVIKAS NAGARI SAHKARI BANK KANNAD branch account within seconds.

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

All three modes accept the IFSC YESB0LNSB10 for Yes Bank – LOKVIKAS NAGARI SAHKARI BANK KANNAD, 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 Lokvikas Nagari Sahkari Bank Kannad 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 LOKVIKAS NAGARI SAHKARI BANK KANNAD branch, the IFSC YESB0LNSB10 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.

Account types you can open at the Lokvikas Nagari Sahkari Bank Kannad branch

Once you have an account at Yes Bank – LOKVIKAS NAGARI SAHKARI BANK KANNAD, the IFSC YESB0LNSB10 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.

Banking services available

The Lokvikas Nagari Sahkari Bank Kannad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2835-222209.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC YESB0LNSB10

Online banking and IFSC YESB0LNSB10

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the LOKVIKAS NAGARI SAHKARI BANK KANNAD 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 YESB0LNSB10 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.

Reaching the branch

The Lokvikas Nagari Sahkari Bank Kannad branch sits at PLOT NO 4 BY 242 SHOP NO B1 B5 KHANDELWAL COMP NEAR BUS STAND KANNAD TQ KANNAD AURANGABAD 431103. If you are travelling from outside Kannad, search for the branch on a maps application using the bank name and locality, or call 2835-222209 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 YESB0LNSB10 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 – LOKVIKAS NAGARI SAHKARI BANK KANNAD:

• The IFSC is exactly YESB0LNSB10 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 LOKVIKAS NAGARI SAHKARI BANK KANNAD 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.

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 Lokvikas Nagari Sahkari Bank Kannad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0LNSB10, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0LNSB10 for Yes Bank – LOKVIKAS NAGARI SAHKARI BANK KANNAD, 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.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0LNSB10 belongs to Yes Bank's LOKVIKAS NAGARI SAHKARI BANK KANNAD branch, located at PLOT NO 4 BY 242 SHOP NO B1 B5 KHANDELWAL COMP NEAR BUS STAND KANNAD TQ KANNAD… in KANNAD, 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.