IFSC Code of Yes Bank, Shahada Peoples Coop Bank Mkt Yard Branch, Maharashtra

Below are the complete branch details for Yes Bank, SHAHADA PEOPLES COOP BANK MKT YARD branch, located in NANDURBAR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is YESB0SPCB02. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case YESB0SPCB02 for Yes Bank – SHAHADA PEOPLES COOP BANK MKT YARD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 SHAHADA PEOPLES COOP BANK MKT YARD branch, the IFSC YESB0SPCB02 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and SPCB02 identifies this particular branch.

About the bank

Yes Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shahada Peoples Coop Bank Mkt Yard branch in Nandurbar, Maharashtra is part of this network and uses the IFSC code YESB0SPCB02 for all electronic settlement.

About this branch

The branch is located at DONDAICHA ROAD,SHAHADA 425409. It serves the Nandurbar 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 YESB0SPCB02 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 SHAHADA PEOPLES COOP BANK MKT YARD branch came to be assigned the code YESB0SPCB02.

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 YESB0SPCB02, money simply cannot be routed to the SHAHADA PEOPLES COOP BANK MKT YARD branch electronically.

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 YESB0SPCB02 and the account number together uniquely identify the Shahada Peoples Coop Bank Mkt Yard branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC YESB0SPCB02

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 YESB0SPCB02 across all three.

NEFT to Yes Bank, SHAHADA PEOPLES COOP BANK MKT YARD using IFSC YESB0SPCB02

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 YESB0SPCB02, and confirm that the system picks up Yes Bank – SHAHADA PEOPLES COOP BANK MKT YARD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SHAHADA PEOPLES COOP BANK MKT YARD

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's SHAHADA PEOPLES COOP BANK MKT YARD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0SPCB02 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 – SHAHADA PEOPLES COOP BANK MKT YARD, use IMPS. With IFSC YESB0SPCB02 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 YESB0SPCB02 for Yes Bank – SHAHADA PEOPLES COOP BANK MKT YARD, 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 Shahada Peoples Coop Bank Mkt Yard 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 SHAHADA PEOPLES COOP BANK MKT YARD branch, the IFSC YESB0SPCB02 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 Shahada Peoples Coop Bank Mkt Yard branch is mapped to IFSC YESB0SPCB02 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 YESB0SPCB02.

Products and services

Customers walking into the Shahada Peoples Coop Bank Mkt Yard 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 YESB0SPCB02

Online banking and IFSC YESB0SPCB02

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the SHAHADA PEOPLES COOP BANK MKT YARD 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 YESB0SPCB02 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.

How to reach the Shahada Peoples Coop Bank Mkt Yard branch

The branch is located at DONDAICHA ROAD,SHAHADA 425409, which puts it inside Nandurbar, the broader Nandurbar district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Shahada Peoples Coop Bank Mkt Yard branch” — the verified location pin for IFSC YESB0SPCB02 should appear at the top of the results.
2. Confirm the branch is open by calling 2565-223471 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 YESB0SPCB02 and your account number.

Common mistakes to avoid when using IFSC YESB0SPCB02

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 – SHAHADA PEOPLES COOP BANK MKT YARD, 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: YESB0SPCB02.
• 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 Shahada Peoples Coop Bank Mkt Yard 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 YESB0SPCB02 continue to work without interruption.

Verifying IFSC YESB0SPCB02 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 YESB0SPCB02 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2565-223471.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0SPCB02 belongs to Yes Bank's SHAHADA PEOPLES COOP BANK MKT YARD branch, located at DONDAICHA ROAD,SHAHADA 425409 in NANDURBAR, 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.