IFSC Code of Yes Bank, Nandurbar Merchants Coop Bank Prakasha Branch, Maharashtra

Below are the complete branch details for Yes Bank, NANDURBAR MERCHANTS COOP BANK PRAKASHA branch, located in PRAKASHE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is YESB0NMB003. 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 YESB0NMB003 for Yes Bank – NANDURBAR MERCHANTS COOP BANK PRAKASHA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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, YESB0NMB003 is the IFSC of Yes Bank's NANDURBAR MERCHANTS COOP BANK PRAKASHA branch. The format is fixed: YESB = bank code, 0 = reserved, NMB003 = branch identifier.

About the bank

Yes Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Nandurbar Merchants Coop Bank Prakasha branch in Prakashe, Maharashtra is part of this network and uses the IFSC code YESB0NMB003 for all electronic settlement.

Nandurbar Merchants Coop Bank Prakasha branch overview

Located at MAIN ROAD, PRAKASHA, TAL-SHAHADA, DIST-NANDURBAR - 425422, the Nandurbar Merchants Coop Bank Prakasha branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0NMB003 is required for all interbank electronic transfers routed through this branch.

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 NANDURBAR MERCHANTS COOP BANK PRAKASHA branch came to be assigned the code YESB0NMB003.

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 YESB0NMB003, money simply cannot be routed to the NANDURBAR MERCHANTS COOP BANK PRAKASHA 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 YESB0NMB003 and the account number together uniquely identify the Nandurbar Merchants Coop Bank Prakasha branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC YESB0NMB003

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 YESB0NMB003 across all three.

NEFT to Yes Bank, NANDURBAR MERCHANTS COOP BANK PRAKASHA using IFSC YESB0NMB003

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 YESB0NMB003, and confirm that the system picks up Yes Bank – NANDURBAR MERCHANTS COOP BANK PRAKASHA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC YESB0NMB003

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 – NANDURBAR MERCHANTS COOP BANK PRAKASHA, ensure your bank's portal accepts IFSC YESB0NMB003 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Yes Bank – NANDURBAR MERCHANTS COOP BANK PRAKASHA, use IMPS. With IFSC YESB0NMB003 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 YESB0NMB003 for Yes Bank – NANDURBAR MERCHANTS COOP BANK PRAKASHA, 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 Nandurbar Merchants Coop Bank Prakasha 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 YESB0NMB003

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 – NANDURBAR MERCHANTS COOP BANK PRAKASHA is still mapped to IFSC YESB0NMB003. 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 YESB0NMB003 and the beneficiary's account number to complete the transfer.

Account types you can open at the Nandurbar Merchants Coop Bank Prakasha branch

Once you have an account at Yes Bank – NANDURBAR MERCHANTS COOP BANK PRAKASHA, the IFSC YESB0NMB003 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 Nandurbar Merchants Coop Bank Prakasha 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 YESB0NMB003

Online banking and IFSC YESB0NMB003

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the NANDURBAR MERCHANTS COOP BANK PRAKASHA 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 YESB0NMB003 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.

Reaching the branch

The Nandurbar Merchants Coop Bank Prakasha branch sits at MAIN ROAD, PRAKASHA, TAL-SHAHADA, DIST-NANDURBAR - 425422. If you are travelling from outside Prakashe, search for the branch on a maps application using the bank name and locality, or call 2565-240127 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 YESB0NMB003 and your account number.

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 – NANDURBAR MERCHANTS COOP BANK PRAKASHA:

• The IFSC is exactly YESB0NMB003 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 NANDURBAR MERCHANTS COOP BANK PRAKASHA 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.

Working hours

Branch counters at Nandurbar Merchants Coop Bank Prakasha 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 YESB0NMB003 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0NMB003 for Yes Bank – NANDURBAR MERCHANTS COOP BANK PRAKASHA, 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 address & contact

Frequently asked questions

Summary

The IFSC code YESB0NMB003 belongs to Yes Bank's NANDURBAR MERCHANTS COOP BANK PRAKASHA branch, located at MAIN ROAD, PRAKASHA, TAL-SHAHADA, DIST-NANDURBAR - 425422 in PRAKASHE, 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.