Yeltsovka (Russian: Ельцовка) is a rural locality (a selo) in Kabanovsky Selsoviet, Ust-Kalmansky District, Altai Krai, Russia.

Yeltsovka is located 23 km south of Ust-Kalmanka (the district's administrative centre) by road.

Ust-Kamyshenka is the nearest rural locality.

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