IFSCIndex

YES Bank Rajgurunagar Maharashtra IFSC Code

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YES Bank

YESB0000344

IFSC · Used for NEFT, IMPS & RTGS

411532007

MICR · Used for Cheque Clearance

Branch

Rajgurunagar Maharashtra

Address

Off No.1,first Flr,shri Chhatrapati, Shivaji Market Yard,vyapari Sankul,, Survey No 1978/1,taluka Khed, Pune, Maharashtra-410505

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District

Pune

State

Maharashtra

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Frequently Asked Questions

About YES Bank Rajgurunagar Maharashtra (chhatrapati Shivaji Market Y - 0344), Pune

The IFSC code YESB0000344 (lowercase: yesb0000344) belongs to YES Bank, specifically the Rajgurunagar Maharashtra (chhatrapati Shivaji Market Y - 0344) branch located in Pune, Maharashtra.

The 5th character in the IFSC code YESB0000344 is a zero (0), not the letter 'O'. The correct format is YESB0000344 (lowercase: yesb0000344), and not YESBO000344. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of YES Bank Rajgurunagar Maharashtra (chhatrapati Shivaji Market Y - 0344) in Pune, Maharashtra is YESB0000344. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

YES Bank Rajgurunagar Maharashtra (chhatrapati Shivaji Market Y - 0344) is located at Off No.1,first Flr,shri Chhatrapati, Shivaji Market Yard,vyapari Sankul,, Survey No 1978/1,taluka Khed, Pune, Maharashtra-410505, Pune, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of YES Bank Rajgurunagar Maharashtra (chhatrapati Shivaji Market Y - 0344) is 411532007. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code YESB0000344 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code YESB0000344 by checking: (1) The top-left corner of any YES Bank Rajgurunagar Maharashtra (chhatrapati Shivaji Market Y - 0344) cheque leaf, (2) The first page of your YES Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: YESB0000344

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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YESB
Bank Codechars 1–4
0Reservedchar 5
000344
Branch Codechars 6–11

YESB0000344

What Each Part Means

Bank Code — YESB
The first 4 characters uniquely identify YES Bank at the national level. Every branch of YES Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 000344
The final 6 characters 000344 uniquely identify this specific branch within the YES Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code YESB0000344
SegmentCharsValuePurpose
Bank Code1–4YESBIdentifies YES Bank
Reserved50RBI reserved (always 0)
Branch Code6–11000344Unique to this branch

Where to Find IFSC & MICR on Your Cheque

Interactive cheque leaf mockup — highlighted fields show live values from this branch

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchYESB0000344411532007
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.