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 Janaseva Sahakari Bank Limited for its Saswad branch in Saswad, Saswad, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Janaseva Sahakari Bank Limited located in Saswad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code JANA0000007. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Janaseva Sahakari Bank Limited, Saswad, Saswad

Below in the table are the key details related to IFSC Code JANA0000007 of Janaseva Sahakari Bank Limited for its branch located in Saswad, within the district of Saswad in the state of Maharashtra.

Particulars Details
Bank Janaseva Sahakari Bank Limited
IFSC Code JANA0000007
Branch Saswad
City Saswad
District Saswad
State Maharashtra
Address Sr. No. 1153/A,Landge Building, Main Road, Saswad, Taluka - Purandar 412301

These details are crucial, not just for online banking users but also for businesses and individuals who use Janaseva Sahakari Bank Limited in Saswad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JANA0000007 for the Saswad branch of Janaseva Sahakari Bank Limited has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Janaseva Sahakari Bank Limited located in Saswad, Saswad, Maharashtra, is provided a unique IFSC like JANA0000007 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Janaseva Sahakari Bank Limited branch in Saswad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Saswad and Saswad.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Janaseva Sahakari Bank Limited in Saswad do not get misguided to another person.

Format of the IFSC Code JANA0000007

The format of the IFSC Code for banks, including Janaseva Sahakari Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Janaseva Sahakari 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 Saswad in Saswad.

For example, the IFSC Code JANA0000007 of Janaseva Sahakari Bank Limited for the Saswad branch has these elements, identifying the bank and the branch location in Saswad and Maharashtra correctly.

How to Find IFSC Code for Janaseva Sahakari Bank Limited?

If you are trying to find the IFSC Code JANA0000007 of Janaseva Sahakari Bank Limited for its Saswad branch located in Saswad, the following methods can help:

Cheque Book

The cheque book issued by Janaseva Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Janaseva Sahakari Bank Limited branches in Saswad and Saswad, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Janaseva Sahakari Bank Limited and navigate to the branch locator section. Search for Saswad or Saswad to get the exact IFSC Code JANA0000007.

Mobile Banking App

If you use Janaseva Sahakari Bank Limited'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 Janaseva Sahakari Bank Limited and Saswad, you'll get the correct details.

How to Use IFSC Code JANA0000007 for Online Transfers?

Once you have the IFSC Code JANA0000007 for the Saswad branch of Janaseva Sahakari Bank Limited in Saswad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code JANA0000007. 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 Janaseva Sahakari Bank Limited IFSC Code JANA0000007.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Janaseva Sahakari Bank Limited Saswad in Saswad, 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 Janaseva Sahakari Bank Limited in Saswad, 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 Janaseva Sahakari Bank Limited website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Saswad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Janaseva Sahakari Bank Limited in Saswad, Saswad?

The IFSC Code is JANA0000007.

Is the IFSC Code JANA0000007 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Janaseva Sahakari Bank Limited Saswad?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Saswad branch?

The address of the branch is Sr. No. 1153/A,Landge Building, Main Road, Saswad, Taluka - Purandar 412301 located in Saswad, Saswad, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.