IFSC Code of Yes Bank, Panchsheel Merc Coop Bank Varachha Branch, Gujarat

If you are searching for the IFSC code of Yes Bank, PANCHSHEEL MERC COOP BANK VARACHHA branch in SURAT, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is YESB0PMCB07. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PANCHSHEEL MERC COOP BANK VARACHHA branch, and detailed step-by-step guides for using the IFSC YESB0PMCB07 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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, YESB0PMCB07 is the IFSC of Yes Bank's PANCHSHEEL MERC COOP BANK VARACHHA branch. The format is fixed: YESB = bank code, 0 = reserved, PMCB07 = branch identifier.

Bank profile

Yes Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Panchsheel Merc Coop Bank Varachha branch — IFSC YESB0PMCB07 — extends the bank's services to customers in and around Surat, Gujarat.

About this branch

The branch is located at 101-102 UTSAV COMPLEX MAIN ROAD SURAT 395006. It serves the Surat region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Yes Bank. The IFSC YESB0PMCB07 is used to identify this branch on the RBI payments network.

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 PANCHSHEEL MERC COOP BANK VARACHHA branch came to be assigned the code YESB0PMCB07.

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 YESB0PMCB07, money simply cannot be routed to the PANCHSHEEL MERC COOP BANK VARACHHA 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 YESB0PMCB07 and the account number together uniquely identify the Panchsheel Merc Coop Bank Varachha branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC YESB0PMCB07

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 YESB0PMCB07 across all three.

NEFT to Yes Bank, PANCHSHEEL MERC COOP BANK VARACHHA using IFSC YESB0PMCB07

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 YESB0PMCB07, and confirm that the system picks up Yes Bank – PANCHSHEEL MERC COOP BANK VARACHHA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PANCHSHEEL MERC COOP BANK VARACHHA

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's PANCHSHEEL MERC COOP BANK VARACHHA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0PMCB07 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 – PANCHSHEEL MERC COOP BANK VARACHHA, use IMPS. With IFSC YESB0PMCB07 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 YESB0PMCB07 for Yes Bank – PANCHSHEEL MERC COOP BANK VARACHHA, 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 Panchsheel Merc Coop Bank Varachha 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 PANCHSHEEL MERC COOP BANK VARACHHA branch, the IFSC YESB0PMCB07 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 Panchsheel Merc Coop Bank Varachha branch

Once you have an account at Yes Bank – PANCHSHEEL MERC COOP BANK VARACHHA, the IFSC YESB0PMCB07 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 Panchsheel Merc Coop Bank Varachha 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 YESB0PMCB07

Digital banking channels

Most day-to-day work that customers used to do at the Panchsheel Merc Coop Bank Varachha 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 YESB0PMCB07 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.

How to reach the Panchsheel Merc Coop Bank Varachha branch

The branch is located at 101-102 UTSAV COMPLEX MAIN ROAD SURAT 395006, which puts it inside Surat, the broader Surat district, and the state of Gujarat. To plan your visit:

1. Open Google Maps on your phone and search for “Yes Bank Panchsheel Merc Coop Bank Varachha branch” — the verified location pin for IFSC YESB0PMCB07 should appear at the top of the results.
2. Confirm the branch is open by calling 261-2452644 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 YESB0PMCB07 and your account number.

Common mistakes to avoid when using IFSC YESB0PMCB07

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 – PANCHSHEEL MERC COOP BANK VARACHHA, 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: YESB0PMCB07.
• 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.

Working hours

Branch counters at Panchsheel Merc Coop Bank Varachha 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 YESB0PMCB07 continue to work without interruption.

Verifying IFSC YESB0PMCB07 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 YESB0PMCB07 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 261-2452644.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0PMCB07 belongs to Yes Bank's PANCHSHEEL MERC COOP BANK VARACHHA branch, located at 101-102 UTSAV COMPLEX MAIN ROAD SURAT 395006 in SURAT, GUJARAT. 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.