Yes Bank, YADAGIRI LNS COOP BANK YADGIRIGUTTA, NALGONDA Branch IFSC Code

The IFSC code YESB0YLNS03 is assigned to Yes Bank, YADAGIRI LNS COOP BANK YADGIRIGUTTA located in NALGONDA, TELANGANA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Yes Bank
IFSC Code YESB0YLNS03
MICR Code 508861703
Branch Code YLNS03
Branch YADAGIRI LNS COOP BANK YADGIRIGUTTA
City NALGONDA
District YADAGIRIGUTTA
State TELANGANA
Address 5-184/2-C, NEAR GHAT ROAD, YADGIRIGUTTA 508115 Maps
Contact +919885118380

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

YESB Bank Code
0 Reserved (0)
YLNS03 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

508 City Code
861 Bank Code
703 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code YESB0YLNS03 is the Indian Financial System Code assigned to Yes Bank, YADAGIRI LNS COOP BANK YADGIRIGUTTA branch in NALGONDA, TELANGANA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in NALGONDA, YADAGIRIGUTTA, TELANGANA. The full address is: 5-184/2-C, NEAR GHAT ROAD, YADGIRIGUTTA 508115

The branch code is YLNS03. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Yes Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 508861703. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: YESB0YLNS03
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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