The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Janata Sahakari Bank Limited for its Bibwewadi Branch branch in Pune, Pune, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Janata Sahakari Bank Limited located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code JSBP0000071. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Janata Sahakari Bank Limited, Bibwewadi Branch, Pune
Here are some of the key details that come with the IFSC Code JSBP0000071 of Janata Sahakari Bank Limited for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Janata Sahakari Bank Limited |
| IFSC Code | JSBP0000071 |
| Branch | Bibwewadi Branch |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | S.No.645/1/1 And 645/2 Raskar Palace Bibwewadi Taluka Haveli Dist.Pune 411037 |
These details are essential not only for online banking users but also for businesses and individuals who use Janata Sahakari Bank Limited in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JSBP0000071 for the Bibwewadi Branch branch of Janata 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 that is provided by the Reserve Bank of India. A unique IFSC like JSBP0000071 is given to every bank branch, including Janata Sahakari Bank Limited located in Bibwewadi Branch, Pune, 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 Pune.
- 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 Pune and Pune.
- 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 Bibwewadi Branch doesn't end up at another location.
Format of the IFSC Code JSBP0000071
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 Bibwewadi Branch in Pune.
For example, the IFSC Code JSBP0000071 of Janata Sahakari Bank Limited for the Bibwewadi Branch branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Janata Sahakari Bank Limited?
If you are trying to find the IFSC Code JSBP0000071 of Janata Sahakari Bank Limited for its Bibwewadi Branch branch located in Pune, the following methods can help:
Cheque Book
The cheque book issued by Janata Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Janata Sahakari Bank Limited branches in Pune and Pune, print them on the first page of your passbook.
Bank Website
Visit the official website of Janata Sahakari Bank Limited and navigate to the branch locator section. Search for Bibwewadi Branch or Pune to get the exact IFSC Code JSBP0000071.
Mobile Banking App
If you use Janata 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 Janata Sahakari Bank Limited and Pune, you'll get the correct details.
How to Use IFSC Code JSBP0000071 for Online Transfers?
Once you have the IFSC Code JSBP0000071 for the Bibwewadi Branch branch of Janata Sahakari Bank Limited in Pune, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code JSBP0000071. 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 Janata Sahakari Bank Limited IFSC Code JSBP0000071.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Janata Sahakari Bank Limited Bibwewadi Branch in Pune, 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 Janata Sahakari Bank Limited in Bibwewadi Branch, 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 Janata Sahakari Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Pune to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is JSBP0000071.
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 S.No.645/1/1 And 645/2 Raskar Palace Bibwewadi Taluka Haveli Dist.Pune 411037 located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.