Yes Bank
THE DAMAN AND DIU STATE COOP BANK LTD BRANCH
+912602255984
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 DAMAN AND DIU STATE COOP BANK LTD
branch of Yes Bank, the code YESB0DDSCB1 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 YESB0DDSCB1 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 DAMAN AND DIU STATE COOP BANK LTD
Payment Systems Supported by YESB0DDSCB1
| 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——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 DAMAN typically follows the RBI holiday calendar. Digital transfers via YESB0DDSCB1 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 YESB0DDSCB1 is the valid code for THE DAMAN AND DIU STATE COOP BANK LTD at DAMAN, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Yes Bank Branch List
- • DAMAN IFSC Codes
- • Swift Code for Yes Bank
- • Bank Holiday in DADRA AND NAGAR HAVELI AND DAMAN AND DIU
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • THE DAMAN AND DIU STATE COOP BANK LTD Contact
- • Address of Yes Bank
- • MICR Code Finder
- • DADRA AND NAGAR HAVELI AND DAMAN AND DIU Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Yes Bank YESB0DDSCB1 code, find THE DAMAN AND DIU STATE COOP BANK LTD branch details, Yes Bank DAMAN contact number, DADRA AND NAGAR HAVELI AND DAMAN AND DIU bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Yes Bank DAMAN, online neft rtgs imps guide india, how to find ifsc code of Yes Bank.