IFSC Code of Yes Bank, Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for Yes Bank, ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH branch in PUNE. The 11-digit IFSC YESB0ASMB03 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 ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH 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.

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, YESB0ASMB03 is the IFSC of Yes Bank's ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH branch. The format is fixed: YESB = bank code, 0 = reserved, ASMB03 = branch identifier.

Bank profile

Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch branch — IFSC YESB0ASMB03 — extends the bank's services to customers in and around Pune, Maharashtra.

About the Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch branch

The Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch branch of Yes Bank is situated at PAWAR BUILDING CHIKHALI PIMPRI ROAD, CHIKHALI TAL HAVELI,DIST PUNE -412114. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code YESB0ASMB03 is used.

Branch details at a glance

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 ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH of Yes Bank — its own 11-character IFSC. The code YESB0ASMB03 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 YESB0ASMB03 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0ASMB03 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC YESB0ASMB03

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 YESB0ASMB03 across all three.

NEFT to Yes Bank, ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH using IFSC YESB0ASMB03

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 YESB0ASMB03, and confirm that the system picks up Yes Bank – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0ASMB03 while initiating the transfer and the credit will appear within minutes.

IMPS to Yes Bank ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH (IFSC YESB0ASMB03)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0ASMB03 in your mobile or internet banking app, and the money is credited to the ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC YESB0ASMB03:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH is still linked to IFSC YESB0ASMB03.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC YESB0ASMB03

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 – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH is still mapped to IFSC YESB0ASMB03. 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 YESB0ASMB03 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch branch is mapped to IFSC YESB0ASMB03 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 YESB0ASMB03.

Products and services

Customers walking into the Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch 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 YESB0ASMB03

Online banking and IFSC YESB0ASMB03

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH 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 YESB0ASMB03 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 Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch branch sits at PAWAR BUILDING CHIKHALI PIMPRI ROAD, CHIKHALI TAL HAVELI,DIST PUNE -412114. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-27493964 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 YESB0ASMB03 and your account number.

Common mistakes to avoid when using IFSC YESB0ASMB03

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 – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH, 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: YESB0ASMB03.
• 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 Annasaheb Magar Sahakari Bank Maryadit Pradhikaran Branch 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 YESB0ASMB03 continue to work without interruption.

Verifying IFSC YESB0ASMB03 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 YESB0ASMB03 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 20-27493964.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: YESB0ASMB03 is the IFSC code of Yes Bank, ANNASAHEB MAGAR SAHAKARI BANK MARYADIT PRADHIKARAN BRANCH branch, in PUNE, 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.