IFSC Code, MICR Codes for YES BANK in MAHARASHTRA - AURANGABAD - KARMAD - LOKVIKAS NAGARI SAH BANK KARMAD

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


IFSC Code

YESB0LNSB06

MICR Code

431661008

Branch

LOKVIKAS NAGARI SAH BANK KARMAD

Contact

2623340

Address

SHENTRA MIDC MAIN ROAD KARMAD DIST. AURANGABAD 431007

City

KARMAD

District

AURANGABAD

State

MAHARASHTRA





What is IFSC Code of YES BANK situated at LOKVIKAS NAGARI SAH BANK KARMAD- RTGS-HO?
IFSC Code of YES BANK situated at LOKVIKAS NAGARI SAH BANK KARMAD - RTGS-HO is

YESB0LNSB06

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.