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 Udgir branch in Udgir, Latur, 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 Udgir or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code JSBP0000049. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Janata Sahakari Bank Limited, Udgir, Udgir
Here are the main details that are associated with the IFSC Code JSBP0000049 of Janata Sahakari Bank Limited for its branch located in Udgir, within the district of Latur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Janata Sahakari Bank Limited |
| IFSC Code | JSBP0000049 |
| Branch | Udgir |
| City | Udgir |
| District | Latur |
| State | Maharashtra |
| Address | House No. 5.3.16 &5.3.21, Nanded Bidar Road, Uma Chowk, Udgir, Dist. Latur - 413517 |
These details are essential not only for online banking users but also for businesses and individuals who use Janata Sahakari Bank Limited in Udgir for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JSBP0000049 for the Udgir 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 provided by the Reserve Bank of India. Every bank branch, along with Janata Sahakari Bank Limited located in Udgir, Udgir, Maharashtra, are allotted a unique IFSC like JSBP0000049 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Udgir.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Udgir and Latur.
- 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 Janata Sahakari Bank Limited in Udgir reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code JSBP0000049
This is the format of the IFSC Code for banks, including Janata Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Janata Sahakari Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Udgir in Udgir.
For example, the IFSC Code JSBP0000049 of Janata Sahakari Bank Limited for the Udgir branch includes these elements, identifying the bank and the branch location in Udgir and Maharashtra accurately.
How to Find IFSC Code for Janata Sahakari Bank Limited?
To find the IFSC Code JSBP0000049 of Janata Sahakari Bank Limited for its Udgir branch located in Udgir, the following methods can help you out:
Cheque Book
The cheque book issued by Janata Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Janata Sahakari Bank Limited branches in Udgir and Latur, 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 go to the branch locator section. Then search for Udgir or Udgir to find the exact IFSC Code JSBP0000049.
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 maintains an updated database of all IFSC codes. Searching for Janata Sahakari Bank Limited and Udgir will provide accurate information.
How to Use IFSC Code JSBP0000049 for Online Transfers?
If you have the IFSC Code JSBP0000049 for the Udgir branch of Janata Sahakari Bank Limited in Udgir, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code JSBP0000049. 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 Janata Sahakari Bank Limited IFSC Code JSBP0000049.
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 Janata Sahakari Bank Limited Udgir in Udgir, 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 Janata Sahakari Bank Limited in Udgir, 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 Udgir to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is JSBP0000049.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is House No. 5.3.16 &5.3.21, Nanded Bidar Road, Uma Chowk, Udgir, Dist. Latur - 413517 located in Udgir, Latur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.