Use this page as a one-stop reference for everything related to Yes Bank's ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH branch in PUNE, MAHARASHTRA. The branch's IFSC code YESB0ASMB07 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 SHINDEWASULI BRANCH branch, the IFSC YESB0ASMB07 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and ASMB07 identifies this particular branch.
About Yes Bank
Yes Bank operates a wide network of branches across India, including the Annasaheb Magar Sahakari Bank Maryadit Shindewasuli 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, YESB0ASMB07.
Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch overview
Located at SHOP NO 8,9& 10,KARAM COMPLEX,SHINDE VASULI PHATA,TAL KHED,DIST PUNE -412501, the Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0ASMB07 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Yes Bank |
|---|---|
| Branch | Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch |
| IFSC Code | YESB0ASMB07 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO 8,9& 10,KARAM COMPLEX,SHINDE VASULI PHATA,TAL KHED,DIST PUNE -412501 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 20 |
| Phone | 7757062290 |
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 ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH branch came to be assigned the code YESB0ASMB07.
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 YESB0ASMB07, money simply cannot be routed to the ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH 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 YESB0ASMB07 and the account number together uniquely identify the Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC YESB0ASMB07
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 YESB0ASMB07 across all three.
NEFT to Yes Bank, ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH using IFSC YESB0ASMB07
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 YESB0ASMB07, and confirm that the system picks up Yes Bank – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC YESB0ASMB07
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 SHINDEWASULI BRANCH, ensure your bank's portal accepts IFSC YESB0ASMB07 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 SHINDEWASULI BRANCH, use IMPS. With IFSC YESB0ASMB07 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Annasaheb Magar Sahakari Bank Maryadit Shindewasuli 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 YESB0ASMB07:
- 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 SHINDEWASULI BRANCH is still linked to IFSC YESB0ASMB07.
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 YESB0ASMB07
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 SHINDEWASULI BRANCH is still mapped to IFSC YESB0ASMB07. 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 YESB0ASMB07 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 Shindewasuli Branch branch is mapped to IFSC YESB0ASMB07 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 YESB0ASMB07.
Banking services available
The Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-7757062290.
- 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 YESB0ASMB07
Digital banking channels
Most day-to-day work that customers used to do at the Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC YESB0ASMB07 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Reaching the branch
The Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch sits at SHOP NO 8,9& 10,KARAM COMPLEX,SHINDE VASULI PHATA,TAL KHED,DIST PUNE -412501. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-7757062290 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 YESB0ASMB07 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 – ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH:
- The IFSC is exactly YESB0ASMB07 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 ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH 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.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0ASMB07, however, work 24x7.
Verifying IFSC YESB0ASMB07 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 YESB0ASMB07 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 20-7757062290.
- Visiting the bank's official branch locator page.
Branch address & contact
Yes BankAnnasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch Branch
SHOP NO 8,9& 10,KARAM COMPLEX,SHINDE VASULI PHATA,TAL KHED,DIST PUNE -412501
Pune, Maharashtra
Phone: 20-7757062290
IFSC: YESB0ASMB07
Frequently asked questions
What is the phone number of Yes Bank Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch?
You can reach the branch at 20-7757062290 during regular banking hours.
Is IFSC YESB0ASMB07 valid for NEFT and RTGS?
Yes. IFSC YESB0ASMB07 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Yes Bank Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC YESB0ASMB07, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC YESB0ASMB07 the same for all accounts at Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch?
Yes. The IFSC YESB0ASMB07 is shared by every account held at Yes Bank's Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using YESB0ASMB07 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Yes Bank – Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch reflect within 30 minutes.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Annasaheb Magar Sahakari Bank Maryadit Shindewasuli Branch branch but serve different purposes.
Summary
The IFSC code YESB0ASMB07 belongs to Yes Bank's ANNASAHEB MAGAR SAHAKARI BANK MARYADIT SHINDEWASULI BRANCH branch, located at SHOP NO 8,9& 10,KARAM COMPLEX,SHINDE VASULI PHATA,TAL KHED,DIST PUNE -412501 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.


