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 Solapur Janata Sahakari Bank Limited for its Mohol branch in Mohol, Solapur, 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 Solapur Janata Sahakari Bank Limited situated in Mohol or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SJSB0000024. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Solapur Janata Sahakari Bank Limited, Mohol, Mohol
Below in the table are the key details related to IFSC Code SJSB0000024 of Solapur Janata Sahakari Bank Limited for its branch located in Mohol, within the district of Solapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Solapur Janata Sahakari Bank Limited |
| IFSC Code | SJSB0000024 |
| Branch | Mohol |
| City | Mohol |
| District | Solapur |
| State | Maharashtra |
| Address | Gavade Chawl Main Road .Mohol. Dist.Solapur413213 |
These details help users in online banking and for businesses and individuals who use Solapur Janata Sahakari Bank Limited in Mohol for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SJSB0000024 for the Mohol branch of Solapur Janata Sahakari Bank Limited has a very 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 Solapur Janata Sahakari Bank Limited located in Mohol, Mohol, Maharashtra, are allotted a unique IFSC like SJSB0000024 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mohol.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Mohol and Solapur.
- 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 Solapur Janata Sahakari Bank Limited in Mohol reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SJSB0000024
The format of the IFSC Code for banks, including Solapur Janata Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Solapur Janata Sahakari Bank Limited, 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 Mohol in Mohol.
For example, the IFSC Code SJSB0000024 of Solapur Janata Sahakari Bank Limited for the Mohol branch includes these elements, identifying the bank and the branch location in Mohol and Maharashtra accurately.
How to Find IFSC Code for Solapur Janata Sahakari Bank Limited?
If you are trying to find the IFSC Code SJSB0000024 of Solapur Janata Sahakari Bank Limited for its Mohol branch located in Mohol, the following methods can help:
Cheque Book
The cheque books that are issued by Solapur 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 Solapur Janata Sahakari Bank Limited branches in Mohol and Solapur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Solapur Janata Sahakari Bank Limited and find the branch locator section. Search for Mohol or Mohol to get the exact IFSC Code SJSB0000024.
Mobile Banking App
If you use Solapur 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 Solapur Janata Sahakari Bank Limited and Mohol that will provide accurate information.
How to Use IFSC Code SJSB0000024 for Online Transfers?
Once you have the IFSC Code SJSB0000024 for the Mohol branch of Solapur Janata Sahakari Bank Limited in Mohol, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SJSB0000024. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 Solapur Janata Sahakari Bank Limited IFSC Code SJSB0000024.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Solapur Janata Sahakari Bank Limited Mohol in Mohol, your payment can get delayed or might not go through at all.
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 Solapur Janata Sahakari Bank Limited in Mohol, 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 Solapur Janata Sahakari Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Mohol to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mohol Mohol branch is SJSB0000024.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Gavade Chawl Main Road .Mohol. Dist.Solapur413213.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.