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 Lakshminagar branch in Nagpur, Nagpur, 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 Nagpur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code JSFB0004574. 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, Lakshminagar, Nagpur
Here are the key points that are associated with the IFSC Code JSFB0004574 of Jana Small Finance Bank Ltd for its branch located in Nagpur, within the district of Nagpur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Jana Small Finance Bank Ltd |
| IFSC Code | JSFB0004574 |
| Branch | Lakshminagar |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
| Address | Ground Floor, Plot No08, House No245, 8 Rasta Sqare, Lakshmi Nagar, Mouzaajni, Tahsil And Dist Nagpur, Maharashtrapin440022 |
These details are important not only for users using online banking but also for businesses and individuals who use Jana Small Finance Bank Ltd in Nagpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code JSFB0004574 for the Lakshminagar branch of Jana Small Finance Bank Ltd is vital.
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 Lakshminagar, Nagpur, Maharashtra, are allotted a unique IFSC like JSFB0004574 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nagpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nagpur and Nagpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Jana Small Finance Bank Ltd in Lakshminagar reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code JSFB0004574
The format of the IFSC Code for banks, including Jana Small Finance Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Jana Small Finance Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Lakshminagar in Nagpur.
For example, the IFSC Code JSFB0004574 of Jana Small Finance Bank Ltd for the Lakshminagar branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.
How to Find IFSC Code for Jana Small Finance Bank Ltd?
To find the IFSC Code JSFB0004574 of Jana Small Finance Bank Ltd for its Lakshminagar branch located in Nagpur, the following methods can help you out:
Cheque Book
The cheque book issued by Jana Small Finance Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Jana Small Finance Bank Ltd branches in Nagpur and Nagpur, 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 go to the branch locator section. Then search for Lakshminagar or Nagpur to find the exact IFSC Code JSFB0004574.
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 maintains an updated database of all IFSC codes. Searching for Jana Small Finance Bank Ltd and Nagpur will provide accurate information.
How to Use IFSC Code JSFB0004574 for Online Transfers?
Once you have the IFSC Code JSFB0004574 for the Lakshminagar branch of Jana Small Finance Bank Ltd in Nagpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code JSFB0004574. 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 JSFB0004574.
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 Lakshminagar in Nagpur, 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 Lakshminagar, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Nagpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is JSFB0004574.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Plot No08, House No245, 8 Rasta Sqare, Lakshmi Nagar, Mouzaajni, Tahsil And Dist Nagpur, Maharashtrapin440022 located in Nagpur, Nagpur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.