About Us

One of the first banks to introduce domestic money transfers was YES BANK, with its flagship initiative YES Money. To address the remittance needs of migrants and the unbanked and underbanked population in India, YES Money has created a special platform. Through the employment of Business Correspondent Agents, this product design both makes technology accessible to end users and guarantees that they remain unaware of it. There are about 50,000 locations throughout India that provide this cash-to-bank account remittance service. YES BANK employs the Business Correspondent (BC) model in order to provide a transaction touch-point that is accessible to this particular customer base, even outside of regular business hours.

The bank uses Immediate Payment Service (IMPS) and National Electronic Fund Transfer (NEFT) technology to process the money that the BC agent receives.

The following services are provided by the Yes Banking Solution:

  • Up to 49999/-is available for money transfers
  • KYC senders can send up to 200000/-monthly
  • Send money to any Indian bank
  • Quick money transfer
  • Prompt commission payment

Our Vision:

To be the most trusted and preferred bank, known for delivering superior and sustainable financial solutions.

Our Mission:

To provide a wide range of innovative and customized financial products and services, designed to meet the diverse needs of our customers.

Frequently Asked Questions

A CSP is a location or entity that provides basic banking services on behalf of a bank to customers in rural or underserved areas.

CSP typically offer services like account opening, deposit and withdrawal, fund transfer, and bill payments, among others.

Application Form, related documents and Registration fees received by “VKV” team
Due Diligence Report (DDR) by the “VKV” team
DDR to be filed to Bank’s local branch (Link / Base Branch
Recommendation of Branch Manager to Regional / Circle Office.
Recommendation of Regional Office to LHO
Generation/creation of KO Code by the Bank
Configuration of CSP Code by the “VKV” office
Capturing of fingers of CSP Operator through Finger Print Scanner by the BC
Terminal mapping & Activation of KO Code by the Bank
Technical & theoretical Training of CSP by the “VKV” team
Link Branch / Base Branch of the Bank is informed by the “VKV” team about the activation of CSP
CSP starts functioning

Application form duly signed
10 Passport size colorful recent photos
Educational Certificates Matric onwards
PAN Card (Mandatory)
AADHAAR Card (Mandatory)
Voter I Card
Driving License
Shop Agreement
Character / Police Verification Certificate
Name, Address, Mobile No. and signature of two references