IFSC Code, MICR Codes for YES BANK in MAHARASHTRA - AURANGABAD - KANNAD - VAIJAPUR MERCHANTS BANK KANNAD

YES BANK RTGS HO Branch in KANNAD - Address, IFSC, MICR Code


IFSC Code

YESB0VMCB03

MICR Code

NA

Branch

VAIJAPUR MERCHANTS BANK KANNAD

Contact

221071

Address

CHALISGAON ROAD KANNAD - 431103

City

KANNAD

District

AURANGABAD

State

MAHARASHTRA





What is IFSC Code of YES BANK situated at VAIJAPUR MERCHANTS BANK KANNAD- RTGS-HO?
IFSC Code of YES BANK situated at VAIJAPUR MERCHANTS BANK KANNAD - RTGS-HO is

YESB0VMCB03

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.