YESB0001163 IFSC Code, YES BANK, MALOUT

IFSC Code of Yes Bank, Malout, Punjab IFSC CODE & MICR CODE

YES BANK, MALOUT - YESB0001163

  • Bank name: YES BANK

Bank Address: Ground Floor, Khasra No. 747, Udan Market, Near Idbi Bank, Gt Road, Malout, Dist. Muktsar Punjab - 152107

  • IFSC Code yesb0001163
  • Bank Code YESB
  • Bank name YES BANK
  • Bank contact number +9102218001200
  • Bank branch MALOUT
  • Bank ISO3166 Code IN-PB
  • Bank Center MUKTSAR
  • MICR Code MICR not provided
  • State name PUNJAB
  • District name MUKTSAR
  • City name MALOUT
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for YES BANK, MALOUT branch is YESB0001163, ensures that your transactions are directed to the correct branch.

How to Use YESB0001163 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MALOUT branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.