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Yes Bank IFSC Code and MICR Code:

Yes Bank state wise list of all branches, IFSC code, MICR code and Addresses within India

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Yes Bank IFSC Code

About Yes Bank

Yes Bank was founded in 2004. It was founded by Rana Kapoor and Late Ashok Kapur. Its head quarter is located in Mumbai, in the state of Maharashtra, in India. The key person associated with this bank is Rana Kapoor who holds the position of Managing Director and CEO. It deals with special banking products such as Banking and financial services plus SMEs. As of 30 July 2015, its revenue indicated an increase of Rs. 23500 crore (US$3.5 billion), Net income indicated an increase of Rs. 3000 crore (US$450 million) and total assets indicate an increase Rs. 91000 crore (US$14 billion).


In India, Yes Bank, is the fifth largest private sector Bank. In the last two decades, it is the only Greenfield Bank licence awarded by the Reserve Bank of India. Yes Bank is termed as a “Full Service Commercial Bank”. It has largely and steadily built a Retail & SME Banking franchise, Corporate, Financial Markets, Corporate Finance, Investment Banking, Branch Banking, Wealth Management business lines and Business and Transaction Banking across the country. In 2013, it is the “First Private Bank in India” to be awarded ISO 14001:2004 certificate. In 2014, it was given the Order of Merit SKOCH Financial Inclusion and Deepening Awards and Dun & Bradstreet- Best Private Sector Bank (Asset Class).


Yes Bank IFSC code

Yes Bank Indian Financial System Code (IFSC) is used largely for electronic payment applications like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), Immediate Payment Service, Centralised Funds Management System (CFMS) and an interbank electronic instant mobile money transfer service (IMPS) that are developed by Reserve Bank of India in a successful manner. This particular code has just eleven characters or "Alpha Numeric" in nature. It is to be remembered that last six characters i.e. YESB0****** represent branch, fifth character is default "0" left for future use and the initial four characters represent bank.


How to search for Yes Bank IFSC code?

Banking customers who are looking for Yes Bank IFSC code will be able to find its code without any hassle for electronic transactions. All you need to do is select the state and branch location in order to get the IFSC code for Yes Bank branches in the country. It is to be noted that these particular codes are very significant as they perfectly ensure secure plus quick transactions through the electronic media.


Yes Bank MICR code

Yes Bank Magnetic Ink Character Recognition code is actually a machine readable code that is largely used for immediately processing and quick clearance of cheques. It is mostly used in order to identify the bank branch to which the cheque actually belongs. On the other hand, when a cheque send for clearing, then this particular code is perfectly read by a magnetic reader and automatically sorted out in a successful manner. MICR technology rightly speeds up the entire process when compared to reading plus sorting it manually. It is to be highly noted that MICR code for Yes Bank is given at the bottom of every cheque leaf.


How to search for Yes Bank MICR code?

 

In the table is given the Yes Bank MICR codes. You can easily narrow down your search either by clicking any particular state and then the Yes bank branches from the drop down list. This code can be used for your financial transactions which is very important. Banking customers are requested to use MICR code for most of the transactions which needs it as mandatory.


Other Popular Banks IFSC Code

Yes Bank IFSC Code News:

Yes Bank proposes plan to raise 1 billion USD through QIP in coming 7 months


Yes Bank, private bank has made a strategy to raise 1 billion USD which is nearly Rs. 6,885 crore via Qualified institutional placement tool in the coming seven months. In order to achieve this the bank has initiated engaging with large investors from all over the globe. Rana Kapoor, Managing Director of Yes Bank reported the QIP program will end in the coming 6-7 months and the bank is pro-actively interacting with big investors across the globe. The QIP process will be moderately varied which will also include domestic investors apart from foreign investors. The bank is receiving positive reaction from investors as the bank had profitable first quarter and this energy will be retained for coming quarters.

Yes Bank published, a rise of 32.8 per cent summing the net profit to Rs 731.8 crore as on 30th June,2016 which marks the end of first quarter corresponding to Rs. 551.20 crore during the same period an year ago. Economic Affairs Committee has given approval to Yes Banks proposed plan in May, 2016 to increase the upper limit of foreign investment or RFPIs to 74% on 10th June, which amounts Foreign Direct Investment to 1 billion USD.

Yes Bank received the consent to increase the foreign investment limit without the help of any sub-limits by technique of allotment of non-equity shares & other acceptable tools to fit/worthy foreign investors. The form of tools consists QIP of equity shares or allotment of American depositary receipts, Global depositary receipts or qualified foreign investors/ FPIs under the PIS by acquiring of allowed securities & stocks on share exchange. Yes Bank declared in India it is the first bank to earn such consent to increase the limit of foreign investment to 74%. The surge in foreign stockholdings was disclosed in 2015 by Cabinet to erase sub-ceilings for diversified investor classification of FDI, FII & FPI. At the same time, Yes Bank’s value in the MSCI Global Investable Market Indexes surged up to 1.7% from 0.46% valid 31st August, according to MSCIs quarterly indices report.

2016/08/15 09:36 PM

YES Bank sign remittance pact with MEGA bank


With Yes Bank of India, Mega Bank Nepal Ltd (MBNL) has signed an agreement in Katmandu in a successful manner. At a a ceremony held in the capital city Nepal, MBNL issuing a statement mentioned that Raveena Desraj Shrestha its Chief Business Officer and Arun Agrawal Yes Bank Indias Group President and Ritesh Pai Senior President signed the agreement. As per the statement, the successful agreement will actually make it much easier for Nepalis who are working in India in order to remit their money to Nepal for their family members, relatives and friends.

According to the political and economic experts and specialists belong to India and Nepal, this effort by both the leading banks of Nepal and India is a good sign for improving the relationship of nations. It will really help in bonding the tie up of these two significant nations in Asian sub-continent with a lot of perfection. The agreement between Mega Bank Nepal Ltd (MBNL) and Yes Bank of India will create much confidence between employers of India and employees of Nepal. On the other hand, Nepalis will feel comfortable in staying and working in India to a great extent. They can feel their mental stress and physical strain reduced because of this significant agreement.

2016/04/30 06:03 AM

YES Bank soon to launch mobile app


YES Bank which is largely considered as one of the leading and popular private sector lender will grandly launch its app soon in the open market for its esteemed existing and potential customers. This piece of information with all details was disclosed by Ritesh Pai, senior president and country head — Digital Banking at YES Bank.  He stated to the reporters and journalists at the press meet that “by the end of this month, it will be launched.” It was also mentioned that by the month of October, the bank will upgrade in a successful manner its core banking systems apart from the new app for its old and new esteemed customers.

The new mobile app of Yes Bank will be supported on iOS, Android and other popular operating systems too. It will come with several features that are user-friendly and much beneficial to customers. It is to be remembered that among the young population, mobile is largely gaining prominence in their personal and professional life. There is a lot of focus on mobile-led solutions and focus on mobile in the open market. At present, Yes Bank comes with 800 odd branches and aims to increase to 2,000 by 2020. The bank aims to keep its customers advanced with technology based banking solution for their fast-paced lifestyle to a great extent.

2016/04/16 08:15 AM

All women branch in Bangalore launched by Yes bank


“YES GRACE” on Cunningham Road in Bangalore is an all-women operated bank branch of Yes Bank that was launched recently with a lot of perfection on the occasion of International womans day. This particular bank branch largely focuses at providing customised banking solutions to women. While speaking on the launch event, R. Ravichander, regional director mentioned that “We are really happy to perfectly launch a bank operated entirely by women on Womens Day in order to wholeheartedly celebrate womanhood. On the other hand, there is no kind of any restriction in the esteemed customer base as we rightly serve male customers as well to a great extent.”


Currently, this new branch largely served and operated by eight employees. The branch will offer safety and wellness amongst women, family banking and financial literacy. Yes Bank has opened similar branch at Vile Parle (E), Mumbai and Kalkaji, New Delhi. It has master plans to open more all women branches in major cities and towns across India. In a press statement, the banks CEO and MD Rana Kapoor stated that “The Yes Grace branch is part and parcel of a two pronged and significant approach by Yes Bank; enable the evolving financial objectives of women and to promote women leadership in financial services sector.”

2016/03/16 08:17 AM

YES BANK signs MoU with IREDA at Make in India Week


YES BANK, which a leading and popular private sector Bank, has successfully signed a Memorandum of Understanding (MoU) with the Indian Renewable Energy Development Agency (IREDA) in order to foster immediate growth and development in a successful manner of the Renewable Energy Sector in India. During the Make in India Week, this MoU was wholeheartedly signed by S. K. Popli, Chairman Managing Director, IREDA and Rana Kapoor, MD CEO, YES BANK. In the growth and development of these critical sectors, YES BANK under any given conditions, situations and circumstances will also largely support the right initiatives of IREDA in the open market.


This strategic MoU between IREDA and YES bank will perfectly boost green energy financing largely enable close partnership between both institutions in a successful manner to create a framework of supporting nature for funding of Energy Efficiency projects and Renewable Energy. On the occasion, while addressing the print and electronic media, Rana Kapoor, MD CEO, YES BANK and Chairman, YES Institute, stated that this particular banks partnership with IREDA is an important joint effort towards realizing of 175 GW of Clean energy by 2022 which is a significant Governments mission. This bank is totally dedicated and committed fully to play the major role of a accelerator plus wholeheartedly work towards just unlocking financial mechanisms of innovative nature for Renewable Energy projects. On the other hand, this particular MoU will perfectly strengthen large efforts towards meeting COP 21 commitment of mobilizing USD 5 Billion in a successful manner for climate action by 2020.

2016/02/28 05:12 AM

At 1,000 railway stations, YES Bank to install water purifiers


YES Bank with its unique public-private-initiative (PPP) has largely collaborated with Indian Railways in order to provide community water purification systems at nearly 1,000 railway stations within India by 2019. In Maharashtras Konkan coastal belt plus other parts of the state particularly at 100 D and E category railway stations, the project will see the bank install the systems by next month (March). This piece of information and details was revealed by Yes Bank Group President and Country Head Namita Vikas in an official press meet. It is to be remembered that in Konkan region, it has already been successfully installed at around 50 stations and at smaller stations more are being rolled out with an average footfall of 1,000 pax per day largely providing them with safe and clean drinking water to squeeze thirst.


The project boasts of minimal electricity consumption for water purification and no reject water thus reinforcing perfectly the banks sustainability aim for the mega-initiative with a lot of perfection. Vikas stated that when compared to D and E category stations, the bigger railway stations have many water sellers plus the commuters or passengers rightly using them are actually economically better off. It is to be highly noted that in rural Maharashtra last year, YES Bank largely provided direct access to clean and safe drinking water to approximately 62,500 people through community and household purification systems. This project was aimed to target the public in the lower strata of the society at large. All these steps are taken with extra care by Yes bank in order to serve best the public in general.

2016/02/15 01:49 AM

Yes bank nodes for "ApnaComplex" Collection Gateway


Yes bank has given official nodes for ApnaComplex Collection Gateway in order to make society accounting very easy. It is to be remembered that it is very convenient and comfortable to live wholeheartedly in apartment complexes for their safety and shared amenities. On the other hand, its management of these is a challenge in many aspects. It is to be highly noted that “ApnaComplex” which is a Bengaluru-based startup in a successful manner with Yes Bank has launched its Collection Gateway in collaboration in order to make society accounting easy.


Yes bank is the winner of many prestigious recognitions and award in the open market such as in August 2014, it received Asia-Pacific Quality Organisation (APQO)-Adjudged World Class Organisation. It is one and Indian bank to grab this prestigious global award in India. On the other hand, it is the initial bank in the country to be awarded the prestigious IMC Ramkrishna Bajaj National Quality Award for Business Excellence in the Services Category in the year 2013. In 2014, it got Dun & Bradstreet- Best Private Sector Bank (Asset Class).


Yes bank also grabbed the Order of Merit SKOCH Financial Inclusion and Deepening Awards 2014. In India, it is the first private bank to be awarded ISO 14001:2004 certificate 2013. According to the Brand Trust Report 2014, Yes bank was successfully voted Indias 3rd Most Trusted Private Bank in 2014, a study conducted by Trust Research Advisory, which is a brand analytics company. This bank is gaining popularity among its customers in the open market.

2016/01/26 07:58 AM

Yes Bank declares Says "Yes" To Prepaid for Corporates


In the near future, “YES Bank” will be wholeheartedly working with the esteemed Zaggle in order to issue cards of prepaid nature initially only to corporate clients in the open market. This particular initiative is to link its business clients and customers to its prepaid cards. Recently, in an official announcement, the FI mentioned that this effort is part and parcel of its venture to perfectly get corporate with new payments technologies on board in the right manner.


It is to be remembered that Yes Bank strongly believes that cashless payment solutions are actually the path ahead in perfectly transforming the financial services industry with a lot of perfection. This message was conveyed by Rites Pai who is the banks senior president and country head of digital banking. On the other hand, with this particular partnership taking shape, Yes Bank is largely expects to immediately reach out to its 10 million esteemed consumers and approximately 10,000 esteemed corporate in the market.


As per the official report, the prepaid solution will perfectly complement prepaid card services that is existing at present plus offered by this Bank that include gift cards plus reloadable cards. On the MasterCard platform, the prepaid card for just corporate users will successfully operate. It is to be noted that Prepaid cards are generally viewed as a method for individual consumers in order to rightly use card products, even if they actually dont have any kind of banking services. The products permits under banked users in order to directly access their funds with a card that actually is not directly or indirectly linked to a bank account.

2016/01/26 07:32 AM

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