Wednesday, 7 February 2018

Yes Bank IFSC Code Agra | Uttar Pradesh

Yes Bank is one of the largest private sector banks in India which is headquartered in Mumbai, India. The bank has nearly 600 branches and more than 2000 ATMs. It is also considered to be the fourth largest bank in the private sector as compared to the other banks.

Yes bank offers various products and services which are mentioned below:
  • Corporate and Institutional Banking 
  • Commercial banking 
  • Investment banking 
  • Corporate finance 
  • Financial marketing 
  • Retail banking 

IFSC Code of Yes Bank, Agra

Reserve Bank of India (RBI) has launched IFSC codes which stand for Indian Financial System Code. This code was introduced by the RBI in order to ensure security and safety of the transactions. IFSC Code also helps in indentifying the bank and branch where the account of the beneficiary is held. RBI has also mandated IFSC code for different bank transactions. The IFSC code helps in recognizing each and every bank and its branches separately. The IFSC Codes follow two payment and settlement systems in India which are as follows:
  • RTGS (Real Time Gross Settlement) 
  • NEFT (National Electronic Fund Transfer) 
IFSC Code is 11- digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.

In IFS Code

  • First four characters identify the bank name i.e. YESB
  • The fifth character is always 0
  • And the last character represents the branch address i.e. 000050
[The IFSC Code used in above example is of Uttar Pradesh, Agra, i.e. “YESB0000050”].

Agra is a city of northern India’s Uttar Pradesh state which has a colour of medieval look. The narrow lanes, modern era hustle and local amusement would attract the visitors. With fast trains, it is easier to visit Agra from Delhi.

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