IFSC Code of Yes Bank, Meghalaya Coop Apex Bank Mawkyrwat Branch, Meghalaya

Use this page as a one-stop reference for everything related to Yes Bank's MEGHALAYA COOP APEX BANK MAWKYRWAT branch in MAWKYRWAT, MEGHALAYA. The branch's IFSC code YESB0MCA023 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.

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 MEGHALAYA COOP APEX BANK MAWKYRWAT branch, the IFSC YESB0MCA023 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and MCA023 identifies this particular branch.

Branch details at a glance

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Meghalaya Coop Apex Bank Mawkyrwat branch in Mawkyrwat. 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, YESB0MCA023.

About this branch

The branch is located at MAWKYRWAT 793114 WEST KHASI HILLS DISTRICT. It serves the Mawkyrwat 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 YESB0MCA023 is used to identify this branch on the RBI payments network.

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 MEGHALAYA COOP APEX BANK MAWKYRWAT branch came to be assigned the code YESB0MCA023.

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 YESB0MCA023, money simply cannot be routed to the MEGHALAYA COOP APEX BANK MAWKYRWAT branch electronically.

How to transfer money using IFSC YESB0MCA023

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 YESB0MCA023 across all three.

How to use IFSC YESB0MCA023 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Yes Bank's MEGHALAYA COOP APEX BANK MAWKYRWAT 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 YESB0MCA023.
4. Confirm the bank name auto-populates as Yes Bank and the branch as MEGHALAYA COOP APEX BANK MAWKYRWAT.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC YESB0MCA023

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 – MEGHALAYA COOP APEX BANK MAWKYRWAT, ensure your bank's portal accepts IFSC YESB0MCA023 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Yes Bank MEGHALAYA COOP APEX BANK MAWKYRWAT (IFSC YESB0MCA023)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0MCA023 in your mobile or internet banking app, and the money is credited to the MEGHALAYA COOP APEX BANK MAWKYRWAT branch account within seconds.

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

All three modes accept the IFSC YESB0MCA023 for Yes Bank – MEGHALAYA COOP APEX BANK MAWKYRWAT, 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 Meghalaya Coop Apex Bank Mawkyrwat 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 MEGHALAYA COOP APEX BANK MAWKYRWAT branch, the IFSC YESB0MCA023 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.

Products and account variants supported

Every account opened at the Meghalaya Coop Apex Bank Mawkyrwat branch is mapped to IFSC YESB0MCA023 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 YESB0MCA023.

Products and services

Customers walking into the Meghalaya Coop Apex Bank Mawkyrwat 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 YESB0MCA023

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 YESB0MCA023 and the account number together uniquely identify the Meghalaya Coop Apex Bank Mawkyrwat branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC YESB0MCA023

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the MEGHALAYA COOP APEX BANK MAWKYRWAT 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 YESB0MCA023 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.

Common mistakes to avoid when using IFSC YESB0MCA023

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 – MEGHALAYA COOP APEX BANK MAWKYRWAT, 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: YESB0MCA023.
• 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 Meghalaya Coop Apex Bank Mawkyrwat branch

The branch is located at MAWKYRWAT 793114 WEST KHASI HILLS DISTRICT, which puts it inside Mawkyrwat, the broader West Khasi Hills district, and the state of Meghalaya. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Meghalaya Coop Apex Bank Mawkyrwat branch” — the verified location pin for IFSC YESB0MCA023 should appear at the top of the results.
2. Confirm the branch is open by calling 8575019919 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 YESB0MCA023 and your account number.

Verifying IFSC YESB0MCA023 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 YESB0MCA023 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8575019919.
• Visiting the bank's official branch locator page.

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 Meghalaya Coop Apex Bank Mawkyrwat branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0MCA023, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: YESB0MCA023 is the IFSC code of Yes Bank, MEGHALAYA COOP APEX BANK MAWKYRWAT branch, in MAWKYRWAT, MEGHALAYA. 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.