Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Jana Small Finance Bank Ltd for its Bhavarkuan branch in Indore, Indore, Madhyapradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Jana Small Finance Bank Ltd located in Indore or anywhere in Madhyapradesh can transfer funds instantly by using the correct IFSC Code JSFB0004553. You should definitely 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, Bhavarkuan, Indore
Here are the main details that are associated with the IFSC Code JSFB0004553 of Jana Small Finance Bank Ltd for its branch located in Indore, within the district of Indore in the state of Madhyapradesh.
| Particulars | Details |
|---|---|
| Bank | Jana Small Finance Bank Ltd |
| IFSC Code | JSFB0004553 |
| Branch | Bhavarkuan |
| City | Indore |
| District | Indore |
| State | Madhyapradesh |
| Address | Vedashopno5And6Surveyno16193,16194And16195,Kasbaindore,Distindore |
These details are crucial, not just for online banking users but also for businesses and individuals who use Jana Small Finance Bank Ltd in Indore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JSFB0004553 for the Bhavarkuan branch of Jana Small Finance Bank Ltd 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, along with Jana Small Finance Bank Ltd located in Bhavarkuan, Indore, Madhyapradesh, are given a unique IFSC like JSFB0004553 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Indore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Indore and Indore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Jana Small Finance Bank Ltd in Bhavarkuan goes to the correct branch. This is important because Jana Small Finance Bank Ltd has thousands of branches in Madhyapradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code JSFB0004553
The format of the IFSC Code for banks, including Jana Small Finance Bank Ltd, has 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 Bhavarkuan in Indore.
For example, the IFSC Code JSFB0004553 of Jana Small Finance Bank Ltd for the Bhavarkuan branch includes these elements, identifying the bank and the branch location in Indore and Madhyapradesh correctly.
How to Find IFSC Code for Jana Small Finance Bank Ltd?
If you are trying to find the IFSC Code JSFB0004553 of Jana Small Finance Bank Ltd for its Bhavarkuan branch located in Indore, the following methods can help:
Cheque Book
The cheque books that are issued by Jana Small Finance Bank Ltd 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 Jana Small Finance Bank Ltd branches in Indore and Indore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Jana Small Finance Bank Ltd and find the branch locator section. Search for Bhavarkuan or Indore to get the exact IFSC Code JSFB0004553.
Mobile Banking App
If you use Jana Small Finance Bank Ltd'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 Jana Small Finance Bank Ltd and Indore that will provide accurate information.
How to Use IFSC Code JSFB0004553 for Online Transfers?
Once you have the IFSC Code JSFB0004553 for the Bhavarkuan branch of Jana Small Finance Bank Ltd in Indore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code JSFB0004553. 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 JSFB0004553.
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 Bhavarkuan in Indore, your payment can get delayed or might not go through at all.
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 Jana Small Finance Bank Ltd in Bhavarkuan, 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 Jana Small Finance Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Indore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is JSFB0004553.
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 Vedashopno5And6Surveyno16193,16194And16195,Kasbaindore,Distindore located in Indore, Indore, Madhyapradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.