For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Jammu And Kashmir Bank Limited for its Satellite Ahmedabad branch in Ahmadabad, Ahmadabad, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Jammu And Kashmir Bank Limited located in Ahmadabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code JAKA0SATLIT. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Jammu And Kashmir Bank Limited, Satellite Ahmedabad, Ahmadabad
Here are the main details that are associated with the IFSC Code JAKA0SATLIT of Jammu And Kashmir Bank Limited for its branch located in Ahmadabad, within the district of Ahmadabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Jammu And Kashmir Bank Limited |
| IFSC Code | JAKA0SATLIT |
| Branch | Satellite Ahmedabad |
| City | Ahmadabad |
| District | Ahmadabad |
| State | Gujarat |
| Address | Shop No.108-113, Samaan Complex,Opp.Nalanda, Prem Chand Nagar Road |
These details are crucial, not just for online banking users but also for businesses and individuals who use Jammu And Kashmir Bank Limited in Ahmadabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JAKA0SATLIT for the Satellite Ahmedabad branch of Jammu And Kashmir Bank Limited has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Jammu And Kashmir Bank Limited located in Satellite Ahmedabad, Ahmadabad, Gujarat, is provided with a unique IFSC like JAKA0SATLIT to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Jammu And Kashmir Bank Limited branch in Ahmadabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ahmadabad and Ahmadabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Jammu And Kashmir Bank Limited in Satellite Ahmedabad do not get mixed with another location.
Format of the IFSC Code JAKA0SATLIT
The format of the IFSC Code for banks, including Jammu And Kashmir Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Jammu And Kashmir Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Satellite Ahmedabad in Ahmadabad.
For example, the IFSC Code JAKA0SATLIT of Jammu And Kashmir Bank Limited for the Satellite Ahmedabad branch has these elements, identifying the bank and the branch location in Ahmadabad and Gujarat correctly.
How to Find IFSC Code for Jammu And Kashmir Bank Limited?
If you are trying to find the IFSC Code JAKA0SATLIT of Jammu And Kashmir Bank Limited for its Satellite Ahmedabad branch located in Ahmadabad, the following methods can help:
Cheque Book
The cheque books that are issued by Jammu And Kashmir Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Jammu And Kashmir Bank Limited branches in Ahmadabad and Ahmadabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Jammu And Kashmir Bank Limited and find the branch locator section. Search for Satellite Ahmedabad or Ahmadabad to get the exact IFSC Code JAKA0SATLIT.
Mobile Banking App
If you use Jammu And Kashmir Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Jammu And Kashmir Bank Limited and Ahmadabad that will provide accurate information.
How to Use IFSC Code JAKA0SATLIT for Online Transfers?
If you have the IFSC Code JAKA0SATLIT for the Satellite Ahmedabad branch of Jammu And Kashmir Bank Limited in Ahmadabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code JAKA0SATLIT. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Jammu And Kashmir Bank Limited IFSC Code JAKA0SATLIT.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Jammu And Kashmir Bank Limited Satellite Ahmedabad in Ahmadabad, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Jammu And Kashmir Bank Limited in Satellite Ahmedabad, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Jammu And Kashmir Bank Limited website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Ahmadabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is JAKA0SATLIT.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No.108-113, Samaan Complex,Opp.Nalanda, Prem Chand Nagar Road located in Ahmadabad, Ahmadabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.