IFSC Code of Yes Bank, Brahmadeodada Bank Siddheshwar Peth Branch, Maharashtra

Below are the complete branch details for Yes Bank, BRAHMADEODADA BANK SIDDHESHWAR PETH branch, located in SOLAPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is YESB0BMSB01. 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 YESB0BMSB01 for Yes Bank – BRAHMADEODADA BANK SIDDHESHWAR PETH — 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, YESB0BMSB01 is the IFSC of Yes Bank's BRAHMADEODADA BANK SIDDHESHWAR PETH branch. The format is fixed: YESB = bank code, 0 = reserved, BMSB01 = branch identifier.

About Yes Bank

Yes Bank operates a wide network of branches across India, including the Brahmadeodada Bank Siddheshwar Peth branch in Solapur. 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, YESB0BMSB01.

Branch details at a glance

About the Brahmadeodada Bank Siddheshwar Peth branch

The Brahmadeodada Bank Siddheshwar Peth branch of Yes Bank is situated at 113 A, SIDDHESHWAR PETH, SOLAPUR 413001. 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 YESB0BMSB01 is used.

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 BRAHMADEODADA BANK SIDDHESHWAR PETH branch came to be assigned the code YESB0BMSB01.

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 YESB0BMSB01, money simply cannot be routed to the BRAHMADEODADA BANK SIDDHESHWAR PETH branch electronically.

Account types you can open at the Brahmadeodada Bank Siddheshwar Peth branch

Once you have an account at Yes Bank – BRAHMADEODADA BANK SIDDHESHWAR PETH, the IFSC YESB0BMSB01 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 Brahmadeodada Bank Siddheshwar Peth 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 YESB0BMSB01

How to transfer money using IFSC YESB0BMSB01

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 YESB0BMSB01 across all three.

How to use IFSC YESB0BMSB01 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Yes Bank's BRAHMADEODADA BANK SIDDHESHWAR PETH 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 YESB0BMSB01.
4. Confirm the bank name auto-populates as Yes Bank and the branch as BRAHMADEODADA BANK SIDDHESHWAR PETH.
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 BRAHMADEODADA BANK SIDDHESHWAR PETH

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's BRAHMADEODADA BANK SIDDHESHWAR PETH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0BMSB01 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 – BRAHMADEODADA BANK SIDDHESHWAR PETH, use IMPS. With IFSC YESB0BMSB01 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 Brahmadeodada Bank Siddheshwar Peth

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 YESB0BMSB01:

• 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 BRAHMADEODADA BANK SIDDHESHWAR PETH is still linked to IFSC YESB0BMSB01.

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 YESB0BMSB01

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 – BRAHMADEODADA BANK SIDDHESHWAR PETH is still mapped to IFSC YESB0BMSB01. 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 YESB0BMSB01 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Brahmadeodada Bank Siddheshwar Peth 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 YESB0BMSB01 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.

MICR & cheque-truncation details

Cheques drawn on the Brahmadeodada Bank Siddheshwar Peth branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC YESB0BMSB01 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC YESB0BMSB01

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 – BRAHMADEODADA BANK SIDDHESHWAR PETH, 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: YESB0BMSB01.
• 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.

Reaching the branch

The Brahmadeodada Bank Siddheshwar Peth branch sits at 113 A, SIDDHESHWAR PETH, SOLAPUR 413001. If you are travelling from outside Solapur, search for the branch on a maps application using the bank name and locality, or call 217-2744931 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 YESB0BMSB01 and your account number.

Verifying IFSC YESB0BMSB01 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 YESB0BMSB01 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 217-2744931.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Brahmadeodada Bank Siddheshwar Peth 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 YESB0BMSB01 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0BMSB01 belongs to Yes Bank's BRAHMADEODADA BANK SIDDHESHWAR PETH branch, located at 113 A, SIDDHESHWAR PETH, SOLAPUR 413001 in SOLAPUR, 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.