IFSC Code of Yes Bank, Gandhibagh Sahakari Bank HO Branch, Maharashtra

If you are searching for the IFSC code of Yes Bank, GANDHIBAGH SAHAKARI BANK HO branch in NAGPUR, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is YESB0GSB001. 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 GANDHIBAGH SAHAKARI BANK HO branch, and detailed step-by-step guides for using the IFSC YESB0GSB001 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.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Yes Bank – GANDHIBAGH SAHAKARI BANK HO is YESB0GSB001. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters GSB001 map to this branch in NAGPUR, MAHARASHTRA.

About the bank

Yes Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Gandhibagh Sahakari Bank HO branch in Nagpur, Maharashtra is part of this network and uses the IFSC code YESB0GSB001 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at CHITNIS PARK CHOWK RUIKAR RD MAHAL NAGPUR 440032. It serves the Nagpur 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 YESB0GSB001 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 GANDHIBAGH SAHAKARI BANK HO of Yes Bank — its own 11-character IFSC. The code YESB0GSB001 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 YESB0GSB001 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Gandhibagh Sahakari Bank HO branch is mapped to IFSC YESB0GSB001 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 YESB0GSB001.

Products and services

Customers walking into the Gandhibagh Sahakari Bank HO 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 YESB0GSB001

How to transfer money using IFSC YESB0GSB001

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 YESB0GSB001 across all three.

NEFT to Yes Bank, GANDHIBAGH SAHAKARI BANK HO using IFSC YESB0GSB001

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 YESB0GSB001, and confirm that the system picks up Yes Bank – GANDHIBAGH SAHAKARI BANK HO. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to GANDHIBAGH SAHAKARI BANK HO

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's GANDHIBAGH SAHAKARI BANK HO branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0GSB001 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Yes Bank – GANDHIBAGH SAHAKARI BANK HO, use IMPS. With IFSC YESB0GSB001 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC YESB0GSB001 for Yes Bank – GANDHIBAGH SAHAKARI BANK HO, 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 Gandhibagh Sahakari Bank HO 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 GANDHIBAGH SAHAKARI BANK HO branch, the IFSC YESB0GSB001 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.

Online banking and IFSC YESB0GSB001

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the GANDHIBAGH SAHAKARI BANK HO 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 YESB0GSB001 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.

MICR & cheque-truncation details

Cheques drawn on the Gandhibagh Sahakari Bank HO branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0GSB001 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC YESB0GSB001

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 – GANDHIBAGH SAHAKARI BANK HO, 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: YESB0GSB001.
• 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 Gandhibagh Sahakari Bank HO branch

The branch is located at CHITNIS PARK CHOWK RUIKAR RD MAHAL NAGPUR 440032, which puts it inside Nagpur, the broader Nagpur district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Gandhibagh Sahakari Bank HO branch” — the verified location pin for IFSC YESB0GSB001 should appear at the top of the results.
2. Confirm the branch is open by calling 712-2722274 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 YESB0GSB001 and your account number.

Verifying IFSC YESB0GSB001 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 YESB0GSB001 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 712-2722274.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Gandhibagh Sahakari Bank HO 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 YESB0GSB001 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: YESB0GSB001 is the IFSC code of Yes Bank, GANDHIBAGH SAHAKARI BANK HO branch, in NAGPUR, MAHARASHTRA. 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.