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Co-operative Bank of Rajkot

THE COOP BANK OF RAJKOT VASO BRANCH

+912812234454

IFSC CODE
YESB0RAJ018
MICR Code 387441002
Branch Code RAJ018
City / District VASO
State GUJARAT
Office Address MAIN BAZAR, VASO (KHEDA) - 387380
Phone +912812234454
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Co-operative Bank of Rajkot

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the THE COOP BANK OF RAJKOT VASO branch of Co-operative Bank of Rajkot, the code YESB0RAJ018 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 YESB0RAJ018 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 Co-operative Bank of Rajkot

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for THE COOP BANK OF RAJKOT VASO

Payment Systems Supported by YESB0RAJ018

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—387441002—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 Co-operative Bank of Rajkot in VASO typically follows the RBI holiday calendar. Digital transfers via YESB0RAJ018 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 YESB0RAJ018 is the valid code for THE COOP BANK OF RAJKOT VASO at VASO, 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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