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 Ferozpur branch in Ferozpur, Ferozpur, Punjab, 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 Ferozpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code JAKA0FEROZE. 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, Ferozpur, Ferozpur
The table below shows the main details of the IFSC Code JAKA0FEROZE for the Jammu And Kashmir Bank Limited branch in Ferozpur, which falls under the Ferozpur district in Punjab.
| Particulars | Details |
|---|---|
| Bank | Jammu And Kashmir Bank Limited |
| IFSC Code | JAKA0FEROZE |
| Branch | Ferozpur |
| City | Ferozpur |
| District | Ferozpur |
| State | Punjab |
| Address | Malwal Road Opp, H.M.School |
These details are essential not only for online banking users but also for businesses and individuals who use Jammu And Kashmir Bank Limited in Ferozpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JAKA0FEROZE for the Ferozpur branch of Jammu And Kashmir Bank Limited plays 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 Ferozpur, Ferozpur, Punjab, is provided with a unique IFSC like JAKA0FEROZE 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 Ferozpur.
- 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 Ferozpur and Ferozpur.
- 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 Punjab and the rest of India and the IFSC Code ensures that transactions meant for Jammu And Kashmir Bank Limited in Ferozpur do not get mixed with another location.
Format of the IFSC Code JAKA0FEROZE
This is the format of the IFSC Code for banks, including Jammu And Kashmir Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Jammu And Kashmir Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Ferozpur in Ferozpur.
For example, the IFSC Code JAKA0FEROZE of Jammu And Kashmir Bank Limited for the Ferozpur branch includes these elements, identifying the bank and the branch location in Ferozpur and Punjab accurately.
How to Find IFSC Code for Jammu And Kashmir Bank Limited?
If you are looking for the IFSC Code JAKA0FEROZE of Jammu And Kashmir Bank Limited for its Ferozpur branch located in Ferozpur, the following methods can help:
Cheque Book
The cheque book that is issued by Jammu And Kashmir Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Jammu And Kashmir Bank Limited branches in Ferozpur and Ferozpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Jammu And Kashmir Bank Limited and look for the branch locator section, then search for Ferozpur or Ferozpur to get the exact IFSC Code JAKA0FEROZE.
Mobile Banking App
If you use Jammu And Kashmir Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Jammu And Kashmir Bank Limited and Ferozpur, then it will provide you proper information.
How to Use IFSC Code JAKA0FEROZE for Online Transfers?
Once you have the IFSC Code JAKA0FEROZE for the Ferozpur branch of Jammu And Kashmir Bank Limited in Ferozpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code JAKA0FEROZE. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Jammu And Kashmir Bank Limited IFSC Code JAKA0FEROZE.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Jammu And Kashmir Bank Limited Ferozpur in Ferozpur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Jammu And Kashmir Bank Limited in Ferozpur, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Ferozpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is JAKA0FEROZE.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Malwal Road Opp, H.M.School located in Ferozpur, Ferozpur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.