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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Janata Sahakari Bank Limited for its Jalna branch in Jalna, Jalna, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Janata Sahakari Bank Limited located in Jalna or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code JSBP0000050. 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 Janata Sahakari Bank Limited, Jalna, Jalna

Below in the table are the key details related to IFSC Code JSBP0000050 of Janata Sahakari Bank Limited for its branch located in Jalna, within the district of Jalna in the state of Maharashtra.

Particulars Details
Bank Janata Sahakari Bank Limited
IFSC Code JSBP0000050
Branch Jalna
City Jalna
District Jalna
State Maharashtra
Address S.No. 10624, House No. 1.12.145, Saklecha Estate, Sarojini Devi Road, Jalna - 431 203

These details helps users in online banking and for businesses and individuals who use Janata Sahakari Bank Limited in Jalna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JSBP0000050 for the Jalna branch of Janata Sahakari Bank Limited 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 that is provided by the Reserve Bank of India. A unique IFSC like JSBP0000050 is given to every bank branch, including Janata Sahakari Bank Limited located in Jalna, Jalna, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Janata Sahakari Bank Limited branch in Jalna.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Jalna and Jalna.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Janata Sahakari Bank Limited in Jalna doesn't end up at another location.

Format of the IFSC Code JSBP0000050

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Janata Sahakari Bank Limited, 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 Jalna in Jalna.

For example, the IFSC Code JSBP0000050 of Janata Sahakari Bank Limited for the Jalna branch includes these elements, identifying the bank and the branch location in Jalna and Maharashtra accurately.

How to Find IFSC Code for Janata Sahakari Bank Limited?

If you are trying to find the IFSC Code JSBP0000050 of Janata Sahakari Bank Limited for its Jalna branch located in Jalna, the following methods can help:

Cheque Book

The cheque books that are issued by Janata 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 Janata Sahakari Bank Limited branches in Jalna and Jalna, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Janata Sahakari Bank Limited and find the branch locator section. Search for Jalna or Jalna to get the exact IFSC Code JSBP0000050.

Mobile Banking App

If you use Janata 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 Janata Sahakari Bank Limited and Jalna that will provide accurate information.

How to Use IFSC Code JSBP0000050 for Online Transfers?

Once you have the IFSC Code JSBP0000050 for the Jalna branch of Janata Sahakari Bank Limited in Jalna, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code JSBP0000050. Transfers are processed in batches. This is 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. Requires the recipient's account details and Janata Sahakari Bank Limited IFSC Code JSBP0000050.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Janata Sahakari Bank Limited Jalna in Jalna 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 Janata Sahakari Bank Limited in Jalna, 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 Janata Sahakari Bank Limited website.
  • Search the RBI portal.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Janata Sahakari Bank Limited in Jalna, Jalna?

The IFSC Code is JSBP0000050.

Is the IFSC Code JSBP0000050 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Janata Sahakari Bank Limited Jalna?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Jalna branch?

The address of the branch is S.No. 10624, House No. 1.12.145, Saklecha Estate, Sarojini Devi Road, Jalna - 431 203 located in Jalna, Jalna, 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.