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 Janaseva Sahakari Bank Limited for its Satara branch in Satara, Satara, 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 Janaseva Sahakari Bank Limited situated in Satara or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code JANA0000016. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Janaseva Sahakari Bank Limited, Satara, Satara
Here are the key points that are associated with the IFSC Code JANA0000016 of Janaseva Sahakari Bank Limited for its branch located in Satara, within the district of Satara in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Janaseva Sahakari Bank Limited |
| IFSC Code | JANA0000016 |
| Branch | Satara |
| City | Satara |
| District | Satara |
| State | Maharashtra |
| Address | Gulbahar Building,Survey No. 175/2/2 & 175 B,Raviwar Peth,Powai Naka,Satara-415 002 |
These details are essential not only for online banking users but also for businesses and individuals who use Janaseva Sahakari Bank Limited in Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JANA0000016 for the Satara branch of Janaseva Sahakari 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 Janaseva Sahakari Bank Limited located in Satara, Satara, Maharashtra, is provided with a unique IFSC like JANA0000016 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Janaseva Sahakari Bank Limited branch in Satara.
- 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 Satara and Satara.
- 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 Janaseva Sahakari Bank Limited in Satara do not get mixed with another location.
Format of the IFSC Code JANA0000016
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 Satara in Satara.
For example, the IFSC Code JANA0000016 of Janaseva Sahakari Bank Limited for the Satara branch has these elements, identifying the bank and the branch location in Satara and Maharashtra correctly.
How to Find IFSC Code for Janaseva Sahakari Bank Limited?
If you are trying to find the IFSC Code JANA0000016 of Janaseva Sahakari Bank Limited for its Satara branch located in Satara, the following methods can help:
Cheque Book
The cheque books that are issued by Janaseva Sahakari Bank Limited 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 Janaseva Sahakari Bank Limited branches in Satara and Satara, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Janaseva Sahakari Bank Limited and find the branch locator section. Search for Satara or Satara to get the exact IFSC Code JANA0000016.
Mobile Banking App
If you use Janaseva Sahakari Bank Limited'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 Janaseva Sahakari Bank Limited and Satara that will provide accurate information.
How to Use IFSC Code JANA0000016 for Online Transfers?
If you have the IFSC Code JANA0000016 for the Satara branch of Janaseva Sahakari Bank Limited in Satara, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code JANA0000016. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Janaseva Sahakari Bank Limited IFSC Code JANA0000016.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Janaseva Sahakari Bank Limited Satara in Satara, it may 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 Satara, 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 Janaseva Sahakari Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Satara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is JANA0000016.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gulbahar Building,Survey No. 175/2/2 & 175 B,Raviwar Peth,Powai Naka,Satara-415 002 located in Satara, Satara, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.