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Yes Bank

MOHAN IND ESTATE NEW DELHI BRANCH

+911130769000

IFSC CODE
YESB0000524
MICR Code 110532098
Branch Code 000524
City / District NEW DELHI
State DELHI
Office Address GROUND FLOOR,B1/A12,, MOHAN CO OPERATIVE INDUSTRAIL, ESTATE, NEW DELHI 110044, NEW DELHI, DELHI-110044
Phone +911130769000
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Yes Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the MOHAN IND ESTATE NEW DELHI branch of Yes Bank, the code YESB0000524 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the YESB0000524 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"YESB" represents Yes Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for MOHAN IND ESTATE NEW DELHI

Payment Systems Supported by YESB0000524

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—110532098—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Yes Bank in NEW DELHI typically follows the RBI holiday calendar. Digital transfers via YESB0000524 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While YESB0000524 is the valid code for MOHAN IND ESTATE NEW DELHI at NEW DELHI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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Platform Links

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  • • IFSC Finder v2.0

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