Yes Bank
THE AMRAVATI ZILLA PARISHAD SHIKSHAK SAHKARI BANK LTD BRANCH
+917232298585
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 THE AMRAVATI ZILLA PARISHAD SHIKSHAK SAHKARI BANK LTD
branch of Yes Bank, the code YESB0ASSB15 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 YESB0ASSB15 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"YESB" represents Yes Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for THE AMRAVATI ZILLA PARISHAD SHIKSHAK SAHKARI BANK LTD
Payment Systems Supported by YESB0ASSB15
| 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—445806002—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 YAVATMAL typically follows the RBI holiday calendar. Digital transfers via YESB0ASSB15 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 YESB0ASSB15 is the valid code for THE AMRAVATI ZILLA PARISHAD SHIKSHAK SAHKARI BANK LTD at YAVATMAL, ensure the beneficiary name matches perfectly in your mobile banking app.
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Financial Tools
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Branch Context
- • THE AMRAVATI ZILLA PARISHAD SHIKSHAK SAHKARI BANK LTD Contact
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Platform Links
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- • IFSC Finder v2.0
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