IFSC Code of Yes Bank, The Yeola Merchants Coop Bank Ltd Branch, Maharashtra

Use this page as a one-stop reference for everything related to Yes Bank's THE YEOLA MERCHANTS COOP BANK LTD branch in YEOLA, MAHARASHTRA. The branch's IFSC code YESB0YMCBNK 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.

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 – THE YEOLA MERCHANTS COOP BANK LTD is YESB0YMCBNK. The first four letters YESB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters YMCBNK map to this branch in YEOLA, MAHARASHTRA.

Branch details at a glance

About Yes Bank

Yes Bank operates a wide network of branches across India, including the The Yeola Merchants Coop Bank Ltd branch in Yeola. 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, YESB0YMCBNK.

About the The Yeola Merchants Coop Bank Ltd branch

The The Yeola Merchants Coop Bank Ltd branch of Yes Bank is situated at HO YESHODHAN, BALAJI GALLI, YEOLA - 423104 DISTRICT - NASHIK. 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 YESB0YMCBNK 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 THE YEOLA MERCHANTS COOP BANK LTD of Yes Bank — its own 11-character IFSC. The code YESB0YMCBNK 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 YESB0YMCBNK the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC YESB0YMCBNK

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 YESB0YMCBNK across all three.

NEFT to Yes Bank, THE YEOLA MERCHANTS COOP BANK LTD using IFSC YESB0YMCBNK

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 YESB0YMCBNK, and confirm that the system picks up Yes Bank – THE YEOLA MERCHANTS COOP BANK LTD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to THE YEOLA MERCHANTS COOP BANK LTD

If you need to transfer ₹2 lakh or more in one go to an account at Yes Bank's THE YEOLA MERCHANTS COOP BANK LTD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC YESB0YMCBNK while initiating the transfer and the credit will appear within minutes.

IMPS to Yes Bank THE YEOLA MERCHANTS COOP BANK LTD (IFSC YESB0YMCBNK)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC YESB0YMCBNK in your mobile or internet banking app, and the money is credited to the THE YEOLA MERCHANTS COOP BANK LTD branch account within seconds.

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

All three modes accept the IFSC YESB0YMCBNK for Yes Bank – THE YEOLA MERCHANTS COOP BANK LTD, 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 The Yeola Merchants Coop Bank Ltd 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 YESB0YMCBNK

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 – THE YEOLA MERCHANTS COOP BANK LTD is still mapped to IFSC YESB0YMCBNK. 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 YESB0YMCBNK and the beneficiary's account number to complete the transfer.

Account types you can open at the The Yeola Merchants Coop Bank Ltd branch

Once you have an account at Yes Bank – THE YEOLA MERCHANTS COOP BANK LTD, the IFSC YESB0YMCBNK 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 The Yeola Merchants Coop Bank Ltd 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 YESB0YMCBNK

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 YESB0YMCBNK and the account number together uniquely identify the The Yeola Merchants Coop Bank Ltd branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the The Yeola Merchants Coop Bank Ltd 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 YESB0YMCBNK 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.

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 – THE YEOLA MERCHANTS COOP BANK LTD:

• The IFSC is exactly YESB0YMCBNK 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 THE YEOLA MERCHANTS COOP BANK LTD 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.

Reaching the branch

The The Yeola Merchants Coop Bank Ltd branch sits at HO YESHODHAN, BALAJI GALLI, YEOLA - 423104 DISTRICT - NASHIK. If you are travelling from outside Yeola, search for the branch on a maps application using the bank name and locality, or call 5559-265047 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 YESB0YMCBNK and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC YESB0YMCBNK for Yes Bank – THE YEOLA MERCHANTS COOP BANK LTD, 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.

Working hours

Branch counters at The Yeola Merchants Coop Bank Ltd 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 YESB0YMCBNK continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code YESB0YMCBNK belongs to Yes Bank's THE YEOLA MERCHANTS COOP BANK LTD branch, located at HO YESHODHAN, BALAJI GALLI, YEOLA - 423104 DISTRICT - NASHIK in YEOLA, 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.