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

This page lists the IFSC code, branch address, contact number and fund-transfer information for Yes Bank, NANDURBAR MERCHANTS COOP BANK SHAHADA branch in SHAHADA. The 11-digit IFSC YESB0NMB005 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 NANDURBAR MERCHANTS COOP BANK SHAHADA 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.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Yes Bank – NANDURBAR MERCHANTS COOP BANK SHAHADA is YESB0NMB005. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters NMB005 map to this branch in SHAHADA, MAHARASHTRA.

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Nandurbar Merchants Coop Bank Shahada branch in Shahada. 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, YESB0NMB005.

Nandurbar Merchants Coop Bank Shahada branch overview

Located at 4, VRUNDAVAN COLONY, DONGERGOAN ROAD, SHAHADA, NANDURBAR - 425409, the Nandurbar Merchants Coop Bank Shahada branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0NMB005 is required for all interbank electronic transfers routed through this branch.

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 NANDURBAR MERCHANTS COOP BANK SHAHADA of Yes Bank — its own 11-character IFSC. The code YESB0NMB005 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 YESB0NMB005 the same way you would treat your account number — verify it once and save it carefully for future use.

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 YESB0NMB005 and the account number together uniquely identify the Nandurbar Merchants Coop Bank Shahada branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC YESB0NMB005

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 YESB0NMB005 across all three.

NEFT to Yes Bank, NANDURBAR MERCHANTS COOP BANK SHAHADA using IFSC YESB0NMB005

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 YESB0NMB005, and confirm that the system picks up Yes Bank – NANDURBAR MERCHANTS COOP BANK SHAHADA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC YESB0NMB005

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 SHAHADA, ensure your bank's portal accepts IFSC YESB0NMB005 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 SHAHADA, use IMPS. With IFSC YESB0NMB005 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 YESB0NMB005 for Yes Bank – NANDURBAR MERCHANTS COOP BANK SHAHADA, 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 Shahada 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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Yes Bank's NANDURBAR MERCHANTS COOP BANK SHAHADA branch, the IFSC YESB0NMB005 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

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

Once you have an account at Yes Bank – NANDURBAR MERCHANTS COOP BANK SHAHADA, the IFSC YESB0NMB005 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 Shahada 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 YESB0NMB005

Online banking and IFSC YESB0NMB005

Yes Bank customers can register for net banking and the bank's official mobile app once their account at the NANDURBAR MERCHANTS COOP BANK SHAHADA 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 YESB0NMB005 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 Shahada branch sits at 4, VRUNDAVAN COLONY, DONGERGOAN ROAD, SHAHADA, NANDURBAR - 425409. If you are travelling from outside Shahada, search for the branch on a maps application using the bank name and locality, or call 2565-223004 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 YESB0NMB005 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 SHAHADA:

• The IFSC is exactly YESB0NMB005 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 SHAHADA 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 Shahada 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 YESB0NMB005 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0NMB005 for Yes Bank – NANDURBAR MERCHANTS COOP BANK SHAHADA, 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 YESB0NMB005 belongs to Yes Bank's NANDURBAR MERCHANTS COOP BANK SHAHADA branch, located at 4, VRUNDAVAN COLONY, DONGERGOAN ROAD, SHAHADA, NANDURBAR - 425409 in SHAHADA, 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.