IFSC Code of Jana Small Finance Bank Ltd, Basmat, Hingoli, Maharashtra — JSFB0004950

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Jana Small Finance Bank Ltd for its Basmat branch in Hingoli, Hingoli, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Jana Small Finance Bank Ltd situated in Hingoli or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code JSFB0004950. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Jana Small Finance Bank Ltd, Basmat, Hingoli

Below in the table are the key details related to IFSC Code JSFB0004950 of Jana Small Finance Bank Ltd for its branch located in Hingoli, within the district of Hingoli in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Jana Small Finance Bank Ltd in Hingoli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JSFB0004950 for the Basmat branch of Jana Small Finance Bank Ltd plays a vital 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 Jana Small Finance Bank Ltd located in Basmat, Hingoli, Maharashtra, is provided with a unique IFSC like JSFB0004950 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Jana Small Finance Bank Ltd branch in Hingoli.
• 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 Hingoli and Hingoli.
• 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Jana Small Finance Bank Ltd in Basmat do not get mixed with another location.

Format of the IFSC Code JSFB0004950

The format of the IFSC Code for banks, including Jana Small Finance Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Jana Small Finance Bank Ltd, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Basmat in Hingoli.

For example, the IFSC Code JSFB0004950 of Jana Small Finance Bank Ltd for the Basmat branch includes these elements, identifying the bank and the branch location in Hingoli and Maharashtra accurately.

How to Find IFSC Code for Jana Small Finance Bank Ltd?

If you are trying to find the IFSC Code JSFB0004950 of Jana Small Finance Bank Ltd for its Basmat branch located in Hingoli, the following methods can help:

Cheque Book

The cheque book issued by Jana Small Finance Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Jana Small Finance Bank Ltd branches in Hingoli and Hingoli, print them on the first page of your passbook.

Bank Website

Visit the official website of Jana Small Finance Bank Ltd and navigate to the branch locator section. Search for Basmat or Hingoli to get the exact IFSC Code JSFB0004950.

Mobile Banking App

If you use Jana Small Finance Bank Ltd's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Jana Small Finance Bank Ltd and Hingoli, you'll get the correct details.

How to Use IFSC Code JSFB0004950 for Online Transfers?

Once you have the IFSC Code JSFB0004950 for the Basmat branch of Jana Small Finance Bank Ltd in Hingoli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code JSFB0004950. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Jana Small Finance Bank Ltd IFSC Code JSFB0004950.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Jana Small Finance Bank Ltd Basmat in Hingoli, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Jana Small Finance Bank Ltd in Basmat, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Jana Small Finance Bank Ltd website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Hingoli manage online transfers as well as cheque clearances with ease.