IFSC Code of Yes Bank, The Goa State Coop Bank Merces Branch, Goa

If you are searching for the IFSC code of Yes Bank, THE GOA STATE COOP BANK MERCES branch in MERCES, GOA, this page has every detail you need. The verified IFSC code for this branch is YESB0GSCB61. 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 THE GOA STATE COOP BANK MERCES branch, and detailed step-by-step guides for using the IFSC YESB0GSCB61 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.

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, YESB0GSCB61 is the IFSC of Yes Bank's THE GOA STATE COOP BANK MERCES branch. The format is fixed: YESB = bank code, 0 = reserved, GSCB61 = branch identifier.

Branch details at a glance

Bank profile

Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The The Goa State Coop Bank Merces branch — IFSC YESB0GSCB61 — extends the bank's services to customers in and around Merces, Goa.

About this branch

The branch is located at GAUCHE BHAT, MERCES, TISWADI, GOA - 403406. It serves the Merces 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 YESB0GSCB61 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 GOA STATE COOP BANK MERCES of Yes Bank — its own 11-character IFSC. The code YESB0GSCB61 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 YESB0GSCB61 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 YESB0GSCB61

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 YESB0GSCB61 across all three.

How to use IFSC YESB0GSCB61 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Yes Bank's THE GOA STATE COOP BANK MERCES 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 YESB0GSCB61.
4. Confirm the bank name auto-populates as Yes Bank and the branch as THE GOA STATE COOP BANK MERCES.
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 YESB0GSCB61

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 GOA STATE COOP BANK MERCES, ensure your bank's portal accepts IFSC YESB0GSCB61 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Yes Bank THE GOA STATE COOP BANK MERCES (IFSC YESB0GSCB61)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0GSCB61 in your mobile or internet banking app, and the money is credited to the THE GOA STATE COOP BANK MERCES branch account within seconds.

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

All three modes accept the IFSC YESB0GSCB61 for Yes Bank – THE GOA STATE COOP BANK MERCES, 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 The Goa State Coop Bank Merces 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 YESB0GSCB61

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 GOA STATE COOP BANK MERCES is still mapped to IFSC YESB0GSCB61. 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 YESB0GSCB61 and the beneficiary's account number to complete the transfer.

Account types you can open at the The Goa State Coop Bank Merces branch

Once you have an account at Yes Bank – THE GOA STATE COOP BANK MERCES, the IFSC YESB0GSCB61 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 Goa State Coop Bank Merces 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 YESB0GSCB61

MICR & cheque-truncation details

Cheques drawn on the The Goa State Coop Bank Merces branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0GSCB61 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the The Goa State Coop Bank Merces 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 YESB0GSCB61 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.

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 GOA STATE COOP BANK MERCES:

• The IFSC is exactly YESB0GSCB61 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 GOA STATE COOP BANK MERCES 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 Goa State Coop Bank Merces branch

The branch is located at GAUCHE BHAT, MERCES, TISWADI, GOA - 403406, which puts it inside Merces, the broader North Goa district, and the state of Goa. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank The Goa State Coop Bank Merces branch” — the verified location pin for IFSC YESB0GSCB61 should appear at the top of the results.
2. Confirm the branch is open by calling 832-2233865 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 YESB0GSCB61 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0GSCB61 for Yes Bank – THE GOA STATE COOP BANK MERCES, 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 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 The Goa State Coop Bank Merces branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0GSCB61, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0GSCB61 belongs to Yes Bank's THE GOA STATE COOP BANK MERCES branch, located at GAUCHE BHAT, MERCES, TISWADI, GOA - 403406 in MERCES, GOA. 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.