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.