YES BANK Credit Card Payment Through NEFT

Last Updated : April 26, 2025, 6:01 p.m.

National Electronic Funds Transfer (NEFT) provides a convenient and secure method to pay your YES BANK credit card bills from any bank account in India. This electronic payment system allows cardholders to transfer funds directly to their credit card account, even if they don't have a YES Bank savings or current account. This article explains the complete process, benefits, and important details you need to know when making YES Bank credit card payments through NEFT.

What is NEFT?

NEFT (National Electronic Funds Transfer) is an electronic funds transfer system that makes one-to-one funds transfer between bank accounts across India possible. It operates in hourly batches throughout the day, enabling timely settlements of credit card payments . This nationwide system is managed by the Reserve Bank of India and is available across all participating banks.

Benefits of Making YES BANK Credit Card Payments Through NEFT

• Convenience: Pay from any bank account without visiting a branch
• Flexibility: Process payments outside YES BANK's banking hours
• Security: Enjoy the safety of encrypted electronic transfers
• Accessibility: Make payments even if you don't have a YES BANK account
• Record Keeping: Receive electronic transaction receipts for tracking with ease.
• No Extra Charges: Most banks offer NEFT transfers free of cost for credit card payments.

Step-by-Step Guide for YES BANK Credit Card Payments through NEFT

Here is the information to be entered to make a NEFT payment towards your YES BANK credit card :

• Beneficiary Name: Your name as it appears on the credit card
• Beneficiary Account Number: 16-digit credit card number
• IFSC Code: YESB0CMSNOC (specific for YES BANK credit card payments)
• Bank Name: YES BANK Ltd
• Account Type: Current Account
• Transfer Amount: Amount you wish to pay toward your credit card bill.

Here are the steps for NEFT Transfer

Add YES BANK Credit Card as a Beneficiary:

• Log in to your bank's internet banking portal
• Navigate to the section - "Add Beneficiary" or "Manage Payees"
• Select "Add New Beneficiary" or a similar option
• Choose "Other Bank Account" (since you're adding a YES BANK credit card)
• Enter the beneficiary details mentioned above
• Proceed towards finishing the verification process (Typically using OTP or other authentication methods)
• Wait for the beneficiary to start working (May be immediate or take up to 24 hours, based on your bank)

Initiate the NEFT Transfer

• Log in to your internet banking portal
• Navigate to "Fund Transfer" or "NEFT/RTGS" section
• Select your YES BANK credit card from the record of beneficiaries
• Enter the payment amount (minimum amount due, full amount, or any amount of your choice)
• Add a reference/remarks (optional but recommended for your tracking)
• Confirm the transaction details
• Complete the authentication process
• Save the transaction reference number for future reference.

Processing Time

NEFT transfers typically get processed within a few hours, depending on the batch timing of your transaction. However, it may take up to 1-2 working days for the payment to reflect in your YES BANK credit card account. It is recommended to pay at least 3 days before your due date. This will help in preventing late payment charges.

Important Things to Keep in Mind for Yes Bank Credit Card Payments Through NEFT

• Correct Details: Ensure all beneficiary details, especially the credit card number and IFSC code, are entered correctly to avoid payment delays.
• Transfer Limits: Check your bank's daily NEFT transaction limits before initiating large payments.
• NEFT Timings: NEFT now operates 24x7 throughout the year, including holidays, making it more convenient for cardholders.
• Payment Confirmation: Keep the transaction reference number safe until the payment reflects in your credit card account.
• Minimum Payment: Make sure that you pay at least the minimum amount due to prevent late payment penalties.

Alternative Payment Methods for YES BANK Credit Cards

While NEFT is a convenient option, YES BANK offers multiple other payment methods:

• YES BANK Internet Banking: Directly pay through YES BANK's online banking portal.
• YES Mobile App: You can easily pay via the mobile application.
• Standing Instructions: Automated monthly payments from your bank account.
• IMPS/RTGS: Alternative electronic fund transfer methods.
• UPI Payments: Through YES Pay App or other UPI-enabled apps.
• Third-party Apps: Payments through PhonePe, Paytm, or MobiKwik.
• Offline Methods: Cash or cheque payments at YES BANK branches or ATMs.

Conclusion

NEFT provides a secure and efficient way to pay your YES BANK credit card bills from any bank account in India. By following the simple steps outlined in this article, you can ensure timely payments, avoid late fees, and maintain a good credit score. Remember to initiate your payments well before the due date to allow for processing time, and always verify that the correct beneficiary details are used for your transactions.