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 Maharashtra State Cooperative Bank for its Jalgaon branch in Jalgaon, Jalgaon, 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 Maharashtra State Cooperative Bank situated in Jalgaon or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MSCI0082045. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Maharashtra State Cooperative Bank, Jalgaon, Jalgaon
The table below shows the main details of the IFSC Code MSCI0082045 for the Maharashtra State Cooperative Bank branch in Jalgaon, which falls under the Jalgaon district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Maharashtra State Cooperative Bank |
| IFSC Code | MSCI0082045 |
| Branch | Jalgaon |
| City | Jalgaon |
| District | Jalgaon |
| State | Maharashtra |
| Address | 1St Floor,Vallabhdas Valji Municipal Market,Golani Market,Cs No 2111-A1, Navi Peth, Jalgaon-425001 |
These details are important not only for users using online banking but also for businesses and individuals who use Maharashtra State Cooperative Bank in Jalgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MSCI0082045 for the Jalgaon branch of Maharashtra State Cooperative Bank is vital.
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 Maharashtra State Cooperative Bank located in Jalgaon, Jalgaon, Maharashtra, is provided a unique IFSC like MSCI0082045 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Maharashtra State Cooperative Bank branch in Jalgaon.
- 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 Jalgaon and Jalgaon.
- 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 Maharashtra State Cooperative Bank in Jalgaon do not get misguided to another person.
Format of the IFSC Code MSCI0082045
The format of the IFSC Code for banks, including Maharashtra State Cooperative Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Maharashtra State Cooperative Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jalgaon in Jalgaon.
For example, the IFSC Code MSCI0082045 of Maharashtra State Cooperative Bank for the Jalgaon branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra accurately.
How to Find IFSC Code for Maharashtra State Cooperative Bank?
To find the IFSC Code MSCI0082045 of Maharashtra State Cooperative Bank for its Jalgaon branch located in Jalgaon, the following methods can help you out:
Cheque Book
The cheque book issued by Maharashtra State Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Maharashtra State Cooperative Bank branches in Jalgaon and Jalgaon, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Maharashtra State Cooperative Bank and go to the branch locator section. Then search for Jalgaon or Jalgaon to find the exact IFSC Code MSCI0082045.
Mobile Banking App
If you use Maharashtra State Cooperative Bank'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 Maharashtra State Cooperative Bank and Jalgaon will provide accurate information.
How to Use IFSC Code MSCI0082045 for Online Transfers?
If you have the IFSC Code MSCI0082045 for the Jalgaon branch of Maharashtra State Cooperative Bank in Jalgaon, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MSCI0082045. 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 Maharashtra State Cooperative Bank IFSC Code MSCI0082045.
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 Maharashtra State Cooperative Bank Jalgaon in Jalgaon, 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 Maharashtra State Cooperative Bank in Jalgaon, 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 Maharashtra State Cooperative Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Jalgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MSCI0082045.
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 1St Floor,Vallabhdas Valji Municipal Market,Golani Market,Cs No 2111-A1, Navi Peth, Jalgaon-425001 located in Jalgaon, Jalgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.