IFSC Code of Yes Bank MALAKPET, HYDERABAD Branch

IFSC code YESB0000586 belongs to the MALAKPET, HYDERABAD branch of Yes Bank in HYDERABAD, ANDHRA PRADESH. The branch is located at GROUND FLOOR, 16-11-1/1/A, MOOSARAMBAGH, SALEEM NAGAR,MALAKPET, HYDERABAD, ANDHRA PRADESH-500036. Its MICR code is 500532011, used for cheque clearing.

How this IFSC code is structured: The first 4 characters "YESB" represent the bank code assigned by the Reserve Bank of India (RBI). The 5th character is always 0 (zero), reserved by RBI for future use. The last 6 characters "000586" identify this specific branch within the bank's network. Together, these 11 characters uniquely identify this branch across India's entire banking network.

About YES Bank: YES Bank is a private sector bank providing a wide range of banking and financial services to retail, MSME, and corporate customers. The bank was founded in 2004. Its headquarters is in Mumbai, Maharashtra. It is a Private Sector Bank.

Where you can use YESB0000586: This IFSC code is used to send money to any account at this branch via NEFT (any amount), RTGS (minimum ₹2 lakh), and IMPS (instant, 24×7). For UPI payments, IFSC is not required. UPI uses the recipient's Virtual Payment Address (VPA).

Important: Always verify the IFSC code directly with your bank or the recipient before initiating a money transfer. Adliko is an independent directory and is not affiliated with any bank. The data on this page is sourced from publicly available banking records and is updated regularly.