Thursday 16 November 2017

Yes Bank IFSC Codes

Yes Bank is known as the 5th largest private sector bank. The bank was founded in the year 2004 by Rana Kapoor and Ashok Kapoor. It has its headquarters in Mumbai, India. Yes Bank is “Full-Service Commercial Bank”. It serves Corporate, Retail, SME Banking Franchise, Financial Markets, Investment Banking, Corporate Finance, and Branch Banking, Business and Transaction Banking and Wealth Management business line across the country.
The bank has a total of 630 branches and 2000 ATMs. It has a balance sheet of Rs 1, 23,200 Crore and a Gross NPA OF 0.42% Fifth Largest Bank in the private sector.
Yes Bank received the “India’s Fastest Growing Bank of the Year” award at the Bloomberg UTV Financial Leadership Awards 2011. It also received the “Bank of the Year” by the Banker London in the year 2015. The bank also won the “Golden Peacock Innovative Product/Service Award 2017.   

Yes Bank IFSC Codes

The IFSC Codes is known as Indian Financial System Codes. These codes are developed by the Indian Banking System called Reserve Bank of India (RBI). These codes are issued so as to differentiate and identify the banks and the bank branches at the time of money transfer. These codes are used for the electronic payments like Real Time Gross Settlement (RTGS), National Electronic Funds (NEFT), and Immediate Payment Service (IMPS). The first four characters represent the bank, the fifth character is set by default “0” for the future purpose and the last six characters represent the branch code.

The IFSC Code of Yes Bank is identified by the following the steps below:
  1. Visit the official website of Yes Bank and login to the Internet Banking Account.
  2. Fill in the name of the username and password.
  3. Fll in the boxes, with the required details and Click to Login.
  4. Go to the account summary, under the summary you will see the details of your bank account.
  5. This identifies the bank branch.
  6. The IFSC Code of the Yes Bank starts with YESB, followed by "0" and the six digits represents the branch code of the bank.
Find here IFSC Code of Citi Bank.

Tuesday 24 October 2017

Bank of Maharashtra

Bank of Maharashtra is one of the major public sector banks in India, founded by V.G Kale and D.K Sathe and was registered as a banking company on 16th September 1935 at Pune with a capital of 1 million and began business on 8th February 1936.

Vision

“To be a vibrant, forward looking, techno-savvy, customer centric bank serving diverse sections of the society, enhancing shareholders’ and employees’ value while moving towards global presence”.

IFSC Code of Bank of Maharashtra

IFSC Code is 11-digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.

In IFS Code

(a) First four characters identify the bank name i.e. MAHB

(b) The fifth character is always 0

(c) And the last character represents the branch address i.e. 001188

[The IFS code used in above example is of Janakpuri, New Delhi i.e., “MAHB0001188”].

Products and Services Offered by Bank of Maharashtra

Bank of Maharashtra offers a wide range of products and services which are as follows:

Savings Deposits

  • Mahabank – Yuva Yojana
  • Mahabank Lok Bachat Yojana
  • Mahabank – Swasthya Yojana
  • NRI Ordinary Account
  • NRI External Account
  • Current Deposits
  • Mahabank – Pearl and Sapphire

Term Deposits

  • Mahabank – Sulabh Jama Yojana
  • Monthly Interest Deposit Scheme
  • Mahabank – Sheetal Jama Yojana
  • Mahabank – Trust Deposit Scheme
  • FCNR Account
  • Cumulative Deposit Scheme (CDR)
  • Quarterly Interest Deposit Scheme
  • Mixie Deposit Scheme
  • Mahasaraswati Scheme

Bank of Maharashtra Loan

  • Educational Loan
  • Loan of Corporate
  • Loan of Exporters
  • Loans of Professionals
  • Loans for Agriculturist
  • Loan for Individuals
  • Housing Finance Scheme
  • Mahabank Platinum Housing Loans: Festive Offers
  • Mahabank Aadhaar Scheme
  • Mahabank Gold Card Scheme for Exporters
  • Mahabank Salary Gain Scheme
  • Mahabank Vehicle Loan Scheme
  • Mahabank Renewable Energy Equipments
  • Mahabank Realty Finance

Personal Loans

  • Mahabank Solar Home Systems
  • Mahabank Consumer Loan Scheme

Other Services

  • ATM Services
  • Demat Services
  • Banc assurance
  • Credit Card
  • Mahabill Pay
  • Mahabank Insta Remit Scheme
  • NEFT
  • Online Trading