IFSC Code YESB0SMUCB1 - Yes Bank Sanmitra Urban Co-op Bank Ltd Akola
NEAR TILAK PARK RAMDASPETH AKOLA-444001
Quick Info
IFSC: YESB0SMUCB1
Pincode: 444001
District: Akola
Status: Active
About Yes Bank Sanmitra Urban Co-op Bank Ltd Akola
IFSC Code YESB0SMUCB1 belongs to Yes Bank Sanmitra Urban Co-op Bank Ltd Akola branch located in Akola, Akola, Maharashtra. This branch serves customers in Akola, Akola, Maharashtra and surrounding areas.
Understanding IFSC Code YESB0SMUCB1
The IFSC (Indian Financial System Code) YESB0SMUCB1 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (YESB): Bank code identifying Yes Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (SMUCB1): Unique branch identifier for Sanmitra Urban Co-op Bank Ltd Akola
Electronic Fund Transfer Services
IFSC Code YESB0SMUCB1 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Yes Bank Sanmitra Urban Co-op Bank Ltd Akola branch is located at NEAR TILAK PARK RAMDASPETH AKOLA-444001 (Pincode: 444001) in Akola, Akola, Maharashtra. This location serves customers in Akola, Akola, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code YESB0SMUCB1 to ensure the transaction is routed correctly.
How to Use IFSC Code YESB0SMUCB1
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: YESB0SMUCB1 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Yes Bank Branches
If you're looking for other Yes Bank branches in Akola, Akola, Maharashtra or nearby areas, use our Yes Bank branch finder. You can search by city, district, or state to find all Yes Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | YESB0SMUCB1 |
| Bank Name: | Yes Bank |
| Branch Name: | Sanmitra Urban Co-op Bank Ltd Akola |
| Address: | NEAR TILAK PARK RAMDASPETH AKOLA-444001 |
| City: | Akola |
| District: | Akola |
| State: | Maharashtra |
| Pincode: | 444001 |
Payment Services Available
Yes Bank Sanmitra Urban Co-op Bank Ltd Akola Branch IFSC Code YESB0SMUCB1 — Complete Banking Guide for Akola, Maharashtra
IFSC code YESB0SMUCB1 belongs to the Sanmitra Urban Co-op Bank Ltd Akola branch of Yes Bank in Akola, Akola district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC YESB0SMUCB1 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Yes Bank, Sanmitra Urban Co-op Bank Ltd Akola Branch
The Sanmitra Urban Co-op Bank Ltd Akola branch of Yes Bank in Akola, Maharashtra serves retail and corporate customers in Akola district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC YESB0SMUCB1 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC YESB0SMUCB1
Four primary digital payment rails use IFSC YESB0SMUCB1 for transfers to Yes Bank, Sanmitra Urban Co-op Bank Ltd Akola: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC YESB0SMUCB1 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Sanmitra Urban Co-op Bank Ltd Akola branch of Yes Bank in Akola carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC YESB0SMUCB1 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC YESB0SMUCB1 Before Transferring
Before initiating any high-value transfer to IFSC YESB0SMUCB1, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Yes Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Yes Bank Sanmitra Urban Co-op Bank Ltd Akola, Akola IFSC
What is the IFSC of Yes Bank Sanmitra Urban Co-op Bank Ltd Akola in Akola?
The IFSC of Yes Bank, Sanmitra Urban Co-op Bank Ltd Akola branch in Akola, Maharashtra is YESB0SMUCB1. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC YESB0SMUCB1?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC YESB0SMUCB1 to route funds to Yes Bank, Sanmitra Urban Co-op Bank Ltd Akola, Akola.
Who assigns IFSC codes like YESB0SMUCB1?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Yes Bank applied for the IFSC for its Sanmitra Urban Co-op Bank Ltd Akola branch in Akola, and RBI issued YESB0SMUCB1 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC YESB0SMUCB1 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC YESB0SMUCB1 at Yes Bank, Sanmitra Urban Co-op Bank Ltd Akola, Akola. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC YESB0SMUCB1.
About IFSC Code YESB0SMUCB1
IFSC Code YESB0SMUCB1 belongs to Yes Bank branch Sanmitra Urban Co-op Bank Ltd Akola located in Akola, Akola, Maharashtra.
Branch Information
- IFSC Code: YESB0SMUCB1
- Bank: Yes Bank
- Branch: Sanmitra Urban Co-op Bank Ltd Akola
- Address: NEAR TILAK PARK RAMDASPETH AKOLA-444001
- City: Akola
- District: Akola
- State: Maharashtra
- Pincode: 444001
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available