IFSC Code of Yes Bank, Madikeri Town Co-Operative Bank Ltd. Branch, Karnataka

If you are searching for the IFSC code of Yes Bank, MADIKERI TOWN CO-OPERATIVE BANK LTD. branch in MADIKERI, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is YESB0MTCOBK. 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 MADIKERI TOWN CO-OPERATIVE BANK LTD. branch, and detailed step-by-step guides for using the IFSC YESB0MTCOBK 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 MADIKERI TOWN CO-OPERATIVE BANK LTD. branch, the IFSC YESB0MTCOBK breaks down as follows: YESB identifies the bank, 0 is the reserved character, and MTCOBK identifies this particular branch.

Bank profile

Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Madikeri Town Co-Operative Bank Ltd. branch — IFSC YESB0MTCOBK — extends the bank's services to customers in and around Madikeri, Karnataka.

About this branch

The branch is located at BLOCK NO. -4, MAHADEVPET MADIKERI -571201. It serves the Madikeri 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 YESB0MTCOBK is used to identify this branch on the RBI payments network.

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 MADIKERI TOWN CO-OPERATIVE BANK LTD. of Yes Bank — its own 11-character IFSC. The code YESB0MTCOBK 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 YESB0MTCOBK 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 Madikeri Town Co-Operative Bank Ltd. branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0MTCOBK 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 YESB0MTCOBK

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 YESB0MTCOBK across all three.

How to use IFSC YESB0MTCOBK for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Yes Bank's MADIKERI TOWN CO-OPERATIVE BANK LTD. 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 YESB0MTCOBK.
4. Confirm the bank name auto-populates as Yes Bank and the branch as MADIKERI TOWN CO-OPERATIVE BANK LTD..
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to MADIKERI TOWN CO-OPERATIVE BANK LTD.

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's MADIKERI TOWN CO-OPERATIVE BANK LTD. branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0MTCOBK while initiating the transfer and the credit will appear within minutes.

IMPS to Yes Bank MADIKERI TOWN CO-OPERATIVE BANK LTD. (IFSC YESB0MTCOBK)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0MTCOBK in your mobile or internet banking app, and the money is credited to the MADIKERI TOWN CO-OPERATIVE BANK LTD. branch account within seconds.

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

All three modes accept the IFSC YESB0MTCOBK for Yes Bank – MADIKERI TOWN CO-OPERATIVE BANK LTD., 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 Madikeri Town Co-Operative Bank Ltd. 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 YESB0MTCOBK

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 – MADIKERI TOWN CO-OPERATIVE BANK LTD. is still mapped to IFSC YESB0MTCOBK. 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 YESB0MTCOBK and the beneficiary's account number to complete the transfer.

Account types you can open at the Madikeri Town Co-Operative Bank Ltd. branch

Once you have an account at Yes Bank – MADIKERI TOWN CO-OPERATIVE BANK LTD., the IFSC YESB0MTCOBK 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 Madikeri Town Co-Operative Bank Ltd. 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 YESB0MTCOBK

Digital banking channels

Most day-to-day work that customers used to do at the Madikeri Town Co-Operative Bank Ltd. 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 YESB0MTCOBK 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 Madikeri Town Co-Operative Bank Ltd. branch

The branch is located at BLOCK NO. -4, MAHADEVPET MADIKERI -571201, which puts it inside Madikeri, the broader Kodagu district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Madikeri Town Co-Operative Bank Ltd. branch” — the verified location pin for IFSC YESB0MTCOBK should appear at the top of the results.
2. Confirm the branch is open by calling 8272-229602 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 YESB0MTCOBK and your account number.

Common mistakes to avoid when using IFSC YESB0MTCOBK

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 – MADIKERI TOWN CO-OPERATIVE BANK LTD., 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: YESB0MTCOBK.
• 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.

Working hours

Branch counters at Madikeri Town Co-Operative Bank Ltd. 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 YESB0MTCOBK continue to work without interruption.

Verifying IFSC YESB0MTCOBK 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 YESB0MTCOBK by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8272-229602.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0MTCOBK belongs to Yes Bank's MADIKERI TOWN CO-OPERATIVE BANK LTD. branch, located at BLOCK NO. -4, MAHADEVPET MADIKERI -571201 in MADIKERI, KARNATAKA. 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.