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

Use this page as a one-stop reference for everything related to Yes Bank's ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH branch in PUNE, MAHARASHTRA. The branch's IFSC code YESB0ASMB05 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH branch, the IFSC YESB0ASMB05 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and ASMB05 identifies this particular branch.

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Annasaheb Magar Sahakari Bank Maryadit Rajgurunagar Branch branch in Pune. 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, YESB0ASMB05.

About the Annasaheb Magar Sahakari Bank Maryadit Rajgurunagar Branch branch

The Annasaheb Magar Sahakari Bank Maryadit Rajgurunagar Branch branch of Yes Bank is situated at MILKAT NO 446,TAKALKAR BUILDING,PABAL ROAD,RAJGURUNAGAR,KHED,DIST PUNE -410505. 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 YESB0ASMB05 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 RAJGURUNAGAR BRANCH of Yes Bank — its own 11-character IFSC. The code YESB0ASMB05 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 YESB0ASMB05 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 Rajgurunagar Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0ASMB05 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 YESB0ASMB05

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 YESB0ASMB05 across all three.

NEFT to Yes Bank, ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH using IFSC YESB0ASMB05

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 YESB0ASMB05, and confirm that the system picks up Yes Bank – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC YESB0ASMB05

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 – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH, ensure your bank's portal accepts IFSC YESB0ASMB05 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Yes Bank – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH, use IMPS. With IFSC YESB0ASMB05 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 YESB0ASMB05 for Yes Bank – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH, 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 Annasaheb Magar Sahakari Bank Maryadit Rajgurunagar Branch 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 YESB0ASMB05

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 RAJGURUNAGAR BRANCH is still mapped to IFSC YESB0ASMB05. 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 YESB0ASMB05 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 Rajgurunagar Branch branch is mapped to IFSC YESB0ASMB05 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 YESB0ASMB05.

Products and services

Customers walking into the Annasaheb Magar Sahakari Bank Maryadit Rajgurunagar 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 YESB0ASMB05

Online banking and IFSC YESB0ASMB05

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 RAJGURUNAGAR 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 YESB0ASMB05 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 Rajgurunagar Branch branch sits at MILKAT NO 446,TAKALKAR BUILDING,PABAL ROAD,RAJGURUNAGAR,KHED,DIST PUNE -410505. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 2135-222036 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 YESB0ASMB05 and your account number.

Common mistakes to avoid when using IFSC YESB0ASMB05

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 RAJGURUNAGAR 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: YESB0ASMB05.
• 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 Rajgurunagar 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 YESB0ASMB05 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0ASMB05 for Yes Bank – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH, 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 YESB0ASMB05 belongs to Yes Bank's ANNASAHEB MAGAR SAHAKARI BANK MARYADIT RAJGURUNAGAR BRANCH branch, located at MILKAT NO 446,TAKALKAR BUILDING,PABAL ROAD,RAJGURUNAGAR,KHED,DIST PUNE -410505 in PUNE, 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.