Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Yes Bank, Sahakar Nagar, Pune Branch, Maharashtra

    YESB0000720 is the IFSC code of Yes Bank, Sahakar Nagar, Pune Branch in Pune, Maharashtra. Find branch address, phone, MICR and online transfer details here.

    Below are the complete branch details for Yes Bank, SAHAKAR NAGAR, PUNE branch, located in PUNE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is YESB0000720. 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 YESB0000720 for Yes Bank – SAHAKAR NAGAR, PUNE — 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, YESB0000720 is the IFSC of Yes Bank's SAHAKAR NAGAR, PUNE branch. The format is fixed: YESB = bank code, 0 = reserved, 000720 = branch identifier.

    About Yes Bank

    Yes Bank operates a wide network of branches across India, including the Sahakar Nagar, Pune 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, YESB0000720.

    Branch details at a glance

    Bank NameYes Bank
    BranchSahakar Nagar, Pune
    IFSC CodeYESB0000720
    MICR CodeRefer to cheque leaf
    Branch AddressSHOP NO 15 TO 18,RUTURANG APT,SURVEY NO 49/1,OFF SATARA ROAD,ARANYESHWER CORNER,PUNE,MH 411009
    CityPune
    DistrictPune
    StateMaharashtra
    STD Code20
    Phone24217011

    About the Sahakar Nagar, Pune branch

    The Sahakar Nagar, Pune branch of Yes Bank is situated at SHOP NO 15 TO 18,RUTURANG APT,SURVEY NO 49/1,OFF SATARA ROAD,ARANYESHWER CORNER,PUNE,MH 411009. 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 YESB0000720 is used.

    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 SAHAKAR NAGAR, PUNE of Yes Bank — its own 11-character IFSC. The code YESB0000720 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 YESB0000720 the same way you would treat your account number — verify it once and save it carefully for future use.

    Products and account variants supported

    Every account opened at the Sahakar Nagar, Pune branch is mapped to IFSC YESB0000720 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 YESB0000720.

    Products and services

    Customers walking into the Sahakar Nagar, Pune 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 YESB0000720

    How to transfer money using IFSC YESB0000720

    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 YESB0000720 across all three.

    How to use IFSC YESB0000720 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Yes Bank's SAHAKAR NAGAR, PUNE branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

    1. Log in to your internet banking or mobile banking app.
    2. Choose Add Beneficiary and select NEFT / Other Bank.
    3. Enter the beneficiary name, account number and the IFSC YESB0000720.
    4. Confirm the bank name auto-populates as Yes Bank and the branch as SAHAKAR NAGAR, PUNE.
    5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

    Real-Time Gross Settlement to SAHAKAR NAGAR, PUNE

    If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's SAHAKAR NAGAR, PUNE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0000720 while initiating the transfer and the credit will appear within minutes.

    Send money instantly through IMPS

    For a real-time, anytime transfer to Yes Bank – SAHAKAR NAGAR, PUNE, use IMPS. With IFSC YESB0000720 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 YESB0000720 for Yes Bank – SAHAKAR NAGAR, PUNE, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – YESB0000720Yes – YESB0000720Yes – YESB0000720

    For most retail customers crediting the Sahakar Nagar, Pune 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 YESB0000720

    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 – SAHAKAR NAGAR, PUNE is still mapped to IFSC YESB0000720. 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 YESB0000720 and the beneficiary's account number to complete the transfer.

    Online banking and IFSC YESB0000720

    Yes Bank customers can register for net banking and the bank's official mobile app once their account at the SAHAKAR NAGAR, PUNE 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 YESB0000720 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.

    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 YESB0000720 and the account number together uniquely identify the Sahakar Nagar, Pune branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    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 – SAHAKAR NAGAR, PUNE:

    • The IFSC is exactly YESB0000720 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 SAHAKAR NAGAR, PUNE 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.

    How to reach the Sahakar Nagar, Pune branch

    The branch is located at SHOP NO 15 TO 18,RUTURANG APT,SURVEY NO 49/1,OFF SATARA ROAD,ARANYESHWER CORNER,PUNE,MH 411009, which puts it inside Pune, the broader Pune district, and the state of Maharashtra. To plan your visit:

    1. Open Google Maps on your phone and search for “Yes Bank Sahakar Nagar, Pune branch” — the verified location pin for IFSC YESB0000720 should appear at the top of the results.
    2. Confirm the branch is open by calling 20-24217011 before stepping out, especially around public holidays.
    3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

    Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC YESB0000720 and your account number.

    Verifying IFSC YESB0000720 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 YESB0000720 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on 20-24217011.
    • Visiting the bank's official branch locator page.

    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 Sahakar Nagar, Pune branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0000720, however, work 24x7.

    Branch address & contact

    Yes Bank
    Sahakar Nagar, Pune Branch
    SHOP NO 15 TO 18,RUTURANG APT,SURVEY NO 49/1,OFF SATARA ROAD,ARANYESHWER CORNER,PUNE,MH 411009
    Pune, Maharashtra
    Phone: 20-24217011
    IFSC: YESB0000720

    Frequently asked questions

    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 Sahakar Nagar, Pune branch but serve different purposes.

    What is the IFSC code of Yes Bank Sahakar Nagar, Pune branch?

    The IFSC code of Yes Bank, Sahakar Nagar, Pune branch is YESB0000720. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    Is IFSC YESB0000720 valid for NEFT and RTGS?

    Yes. IFSC YESB0000720 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    How do I add Yes Bank Sahakar Nagar, Pune as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC YESB0000720, and complete OTP verification. Once activated, you can transfer funds at any time.

    Does Yes Bank Sahakar Nagar, Pune branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 20-24217011 to confirm.

    Is IFSC YESB0000720 the same for all accounts at Sahakar Nagar, Pune branch?

    Yes. The IFSC YESB0000720 is shared by every account held at Yes Bank's Sahakar Nagar, Pune branch. Only the account number changes from customer to customer.

    How quickly will an NEFT transfer using YESB0000720 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Yes Bank – Sahakar Nagar, Pune reflect within 30 minutes.

    Summary

    The IFSC code YESB0000720 belongs to Yes Bank's SAHAKAR NAGAR, PUNE branch, located at SHOP NO 15 TO 18,RUTURANG APT,SURVEY NO 49/1,OFF SATARA ROAD,ARANYESHWER… 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.

    keyboard_arrow_up