Yes Bank IFSC Code Finder

Bank Related News

Global MNCs are looking for JVs in India's semiconductor sector: Yes Securities
Sep 05, 2025, 03:13PM IST
Multinational companies from around the world are showing growing interest in partnering with local firms through joint ventures to begin operations in India's semiconductor industry, a report by Yes Bank's subsidiary Yes Securities observed after visiting Semicon India 2025.
Mizuho’s India deal with Avendus is said to stall on valuation
Sep 04, 2025, 01:55PM IST
Mizuho Financial Group's attempt to acquire a majority stake in Avendus Capital has encountered obstacles due to disagreements over valuation and KKR's exit strategy. Despite the current challenges, negotiations are still in progress, with both parties striving to finalize the deal. This potential acquisition follows Sumitomo Mitsui's investment in Yes Bank, highlighting Japanese lenders' growing interest in the Indian market.
Yes Bank shares jump 2% following CCI’s approval for SMBC stake acquisition
Sep 03, 2025, 09:34AM IST
Yes Bank's shares experienced a 2% surge following the Competition Commission of India's (CCI) approval for Sumitomo Mitsui Banking Corporation's (SMBC) proposed stake acquisition. SMBC will acquire the stake through a secondary purchase from State Bank of India and seven other Indian banks. The completion of the transaction is still subject to customary closing conditions.
Stocks in news: Vikran Engineering, Indus Towers, Waaree Energies, TCS, YES Bank
Sep 03, 2025, 06:42AM IST
Domestic equities closed lower despite positive macro data, influenced by caution ahead of the GST Council meeting. Several companies are in focus, including Vikran Engineering and Anlon Healthcare, debuting on the exchanges. Indus Towers plans expansion in African markets, while Waaree Energies will acquire a 64% stake in Kotson.
CCI approves SMBC's stake buy in Yes Bank
Sep 02, 2025, 05:40PM IST
The Competition Commission of India on Tuesday approved Japanese company Sumitomo Mitsui Banking Corporation's stake purchase in Indian lender Yes Bank .
RBI clears reappointment of former Deputy Governor R Gandhi as Yes Bank chairman
Sep 02, 2025, 03:05PM IST
Yes Bank announced that the Reserve Bank of India (RBI) has approved the reappointment of R Gandhi, former RBI Deputy Governor, as the part-time non-executive chairman. His term will extend from September 20, 2025, to May 13, 2027. Gandhi, a seasoned central banker with 37 years of experience, previously served as RBI Deputy Governor from 2014 to 2017.
YES Bank revises salary account charges from October 1: ATM fees, debit card charges & other key changes you must know
Sep 02, 2025, 10:53AM IST
YES Bank has revised its smart salary schedule of charges. The changes apply to customers holding Smart Salary account variants such as Smart Salary Advantage Account, Smart Salary Exclusive Account, Smart Salary Platinum Account and Smart Salary Platinum Pro Account.
Monthly UPI transactions cross 20 billion for first time in August
Sep 01, 2025, 06:52PM IST
According to data shared on social media by the Department of Financial Services, the total UPI transaction count touched 20.01 billion in August 2025. UPI recorded 20.01 billion transactions amounting to Rs. 24.85 lakh crore. The year-on-year (YoY) growth stood at 34% in transaction count and 21% in transaction amount.
Yes Bank shares rise as Sumitomo Mitsui lines up Rs 16,000 cr fresh capital infusion
Aug 29, 2025, 10:27AM IST
Yes Bank shares rose after reports that Japan’s SMBC may infuse an additional ₹16,000 crore, on top of its earlier ₹13,500 crore investment for a 20% stake, to strengthen the lender’s balance sheet.
Boost for balance sheet: Japanese banking giant Sumitomo Mitsui lines up Rs 16,000 cr more for fitter Yes Bank
Aug 29, 2025, 08:25AM IST
Sumitomo Mitsui Banking Corp or SMBC will invest sixteen thousand crore rupees in Yes Bank. The investment will be through equity and debt. This will strengthen Yes Bank's balance sheet. SMBC will also acquire a twenty percent stake in the bank from existing shareholders. The deal awaits regulatory approvals. This move is expected to improve Yes Bank's financial standing.

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Difference Between Branch Code, IFSC Code and MICR Code

The branch code is a unique identifier that helps distinguish one branch of a bank from another within the same network. It is typically a combination of numbers or letters assigned to each branch to facilitate easy identification and communication within the banking system. This code is important for internal record-keeping, customer service, and other administrative purposes within the bank.
On the other hand, the IFSC (Indian Financial System Code) is a crucial code used for electronic fund transfers in India. It is an alphanumeric code that consists of 11 characters and is assigned by the Reserve Bank of India to each bank branch participating in the NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) systems. The IFSC code helps ensure accurate routing of funds between banks and branches, thereby minimizing errors and delays in transactions.
Additionally, the MICR (Magnetic Ink Character Recognition) code is a technology used for authenticating banks on documents like cheques. It consists of a unique combination of numbers and characters printed in magnetic ink at the bottom of cheques to facilitate automated processing.
The MICR code helps in identifying the bank and branch where the cheque is drawn, ensuring secure and efficient cheque processing.
In summary, while the branch code helps identify specific bank branches within a network, the IFSC code is essential for electronic fund transfers, and the MICR code plays a vital role in authenticating banks on cheques for efficient processing. Together, these codes play a crucial role in ensuring smooth and secure financial transactions within the banking system.

Yes Bank: IFSC code

The Indian Financial System Code (or IFSC as is it is more commonly known) is an eleven-digit alpha-numeric code assigned by the Reserve Bank of India to identify every bank branch participating in the NEFT system uniquely. This code is used by electronic payment system applications such as RTGS, NEFT and CFMS. It is mandatory for fund transfers from one bank account to another. Every bank branch will have a unique code and no two branches (even of the same bank) will ever be the same. Every bank branch will have a unique code and no two branches (even of the same bank) will ever be the same.

Yes Bank's 11-digit IFSC code the first four letters will be 'YESB', and the last 6 digits represent a specific branch code. For example, the IFSC code of the Yes Bank branch at Greater Kailash 1 in Delhi is YESB0000607. Here, 000607 is the branch code.

Yes Bank is headquartered in Mumbai, and now has a pan-India presence with a footprint of 1,000 branches and 1,800 ATMs across all 29 states and 7 Union Territories, said the bank's annual report for 2016-17.

RTGS timings

Charges RTGS

NEFT timings

Charges NEFT