IFSC Code of Yes Bank, Mahavir Enclave Branch, Delhi

This page lists the IFSC code, branch address, contact number and fund-transfer information for Yes Bank, MAHAVIR ENCLAVE branch in NEW DELHI. The 11-digit IFSC YESB0000978 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Yes Bank at the MAHAVIR ENCLAVE location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – MAHAVIR ENCLAVE is YESB0000978. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000978 map to this branch in NEW DELHI, DELHI.

Branch details at a glance

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Mahavir Enclave branch in New Delhi. 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, YESB0000978.

Mahavir Enclave branch overview

Located at GROUND FLOOR, DEVRAJ TOWER, RZ, F1, MAHAVIR ENCLAVE, PALAM DABRI ROAD, NEW DELHI 110045, the Mahavir Enclave branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0000978 is required for all interbank electronic transfers routed through this branch.

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 MAHAVIR ENCLAVE branch came to be assigned the code YESB0000978.

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 YESB0000978, money simply cannot be routed to the MAHAVIR ENCLAVE branch electronically.

How to transfer money using IFSC YESB0000978

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 YESB0000978 across all three.

NEFT to Yes Bank, MAHAVIR ENCLAVE using IFSC YESB0000978

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 YESB0000978, and confirm that the system picks up Yes Bank – MAHAVIR ENCLAVE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MAHAVIR ENCLAVE

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's MAHAVIR ENCLAVE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0000978 while initiating the transfer and the credit will appear within minutes.

IMPS to Yes Bank MAHAVIR ENCLAVE (IFSC YESB0000978)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0000978 in your mobile or internet banking app, and the money is credited to the MAHAVIR ENCLAVE branch account within seconds.

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

All three modes accept the IFSC YESB0000978 for Yes Bank – MAHAVIR ENCLAVE, 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 Mahavir Enclave 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 YESB0000978

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 – MAHAVIR ENCLAVE is still mapped to IFSC YESB0000978. 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 YESB0000978 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Mahavir Enclave branch is mapped to IFSC YESB0000978 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 YESB0000978.

Banking services available

The Mahavir Enclave branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 18002000.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC YESB0000978

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 YESB0000978 and the account number together uniquely identify the Mahavir Enclave branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC YESB0000978

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the MAHAVIR ENCLAVE 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 YESB0000978 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.

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 – MAHAVIR ENCLAVE:

• The IFSC is exactly YESB0000978 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 MAHAVIR ENCLAVE 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.

Reaching the branch

The Mahavir Enclave branch sits at GROUND FLOOR, DEVRAJ TOWER, RZ, F1, MAHAVIR ENCLAVE, PALAM DABRI ROAD, NEW DELHI 110045. If you are travelling from outside New Delhi, search for the branch on a maps application using the bank name and locality, or call 18002000 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC YESB0000978 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0000978 for Yes Bank – MAHAVIR ENCLAVE, 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.

Working hours

Branch counters at Mahavir Enclave 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 YESB0000978 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0000978 belongs to Yes Bank's MAHAVIR ENCLAVE branch, located at GROUND FLOOR, DEVRAJ TOWER, RZ, F1, MAHAVIR ENCLAVE, PALAM DABRI ROAD, NEW… in NEW DELHI, DELHI. 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.