IFSC Code of Yes Bank, Meghalaya Coop Apex Bank Laitumkhra Branch, Meghalaya

Use this page as a one-stop reference for everything related to Yes Bank's MEGHALAYA COOP APEX BANK LAITUMKHRA branch in SHILLONG, MEGHALAYA. The branch's IFSC code YESB0MCA031 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 MEGHALAYA COOP APEX BANK LAITUMKHRA branch, the IFSC YESB0MCA031 breaks down as follows: YESB identifies the bank, 0 is the reserved character, and MCA031 identifies this particular branch.

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Meghalaya Coop Apex Bank Laitumkhra branch in Shillong. 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, YESB0MCA031.

Meghalaya Coop Apex Bank Laitumkhra branch overview

Located at MEGHALAYA CO-OP APEX BANK LAITUMKHRAH, SHILLONG-793003, the Meghalaya Coop Apex Bank Laitumkhra branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC YESB0MCA031 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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 MEGHALAYA COOP APEX BANK LAITUMKHRA branch came to be assigned the code YESB0MCA031.

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 YESB0MCA031, money simply cannot be routed to the MEGHALAYA COOP APEX BANK LAITUMKHRA 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 YESB0MCA031 and the account number together uniquely identify the Meghalaya Coop Apex Bank Laitumkhra branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC YESB0MCA031

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 YESB0MCA031 across all three.

NEFT to Yes Bank, MEGHALAYA COOP APEX BANK LAITUMKHRA using IFSC YESB0MCA031

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 YESB0MCA031, and confirm that the system picks up Yes Bank – MEGHALAYA COOP APEX BANK LAITUMKHRA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC YESB0MCA031

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 – MEGHALAYA COOP APEX BANK LAITUMKHRA, ensure your bank's portal accepts IFSC YESB0MCA031 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Yes Bank MEGHALAYA COOP APEX BANK LAITUMKHRA (IFSC YESB0MCA031)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0MCA031 in your mobile or internet banking app, and the money is credited to the MEGHALAYA COOP APEX BANK LAITUMKHRA branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC YESB0MCA031 for Yes Bank – MEGHALAYA COOP APEX BANK LAITUMKHRA, 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 Meghalaya Coop Apex Bank Laitumkhra 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 YESB0MCA031

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 – MEGHALAYA COOP APEX BANK LAITUMKHRA is still mapped to IFSC YESB0MCA031. 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 YESB0MCA031 and the beneficiary's account number to complete the transfer.

Account types you can open at the Meghalaya Coop Apex Bank Laitumkhra branch

Once you have an account at Yes Bank – MEGHALAYA COOP APEX BANK LAITUMKHRA, the IFSC YESB0MCA031 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 Meghalaya Coop Apex Bank Laitumkhra 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 YESB0MCA031

Digital banking channels

Most day-to-day work that customers used to do at the Meghalaya Coop Apex Bank Laitumkhra 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 YESB0MCA031 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 Meghalaya Coop Apex Bank Laitumkhra branch sits at MEGHALAYA CO-OP APEX BANK LAITUMKHRAH, SHILLONG-793003. If you are travelling from outside Shillong, search for the branch on a maps application using the bank name and locality, or call 8575019907 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 YESB0MCA031 and your account number.

Common mistakes to avoid when using IFSC YESB0MCA031

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 – MEGHALAYA COOP APEX BANK LAITUMKHRA, 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: YESB0MCA031.
• 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.

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 Meghalaya Coop Apex Bank Laitumkhra branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC YESB0MCA031, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0MCA031 for Yes Bank – MEGHALAYA COOP APEX BANK LAITUMKHRA, 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 YESB0MCA031 belongs to Yes Bank's MEGHALAYA COOP APEX BANK LAITUMKHRA branch, located at MEGHALAYA CO-OP APEX BANK LAITUMKHRAH, SHILLONG-793003 in SHILLONG, MEGHALAYA. 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.