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 The Jalgaon Peopels Cooperative Bank Limited for its Panvel branch in Panvel, Raigad, 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 The Jalgaon Peopels Cooperative Bank Limited situated in Panvel or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code JPCB0000024. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for The Jalgaon Peopels Cooperative Bank Limited, Panvel, Panvel

Here are the main details that are associated with the IFSC Code JPCB0000024 of The Jalgaon Peopels Cooperative Bank Limited for its branch located in Panvel, within the district of Raigad in the state of Maharashtra.

Particulars Details
Bank The Jalgaon Peopels Cooperative Bank Limited
IFSC Code JPCB0000024
Branch Panvel
City Panvel
District Raigad
State Maharashtra
Address Parmar House, Plot No. 236,Opp. Old Telephone Exch

These details are essential not only for online banking users but also for businesses and individuals who use The Jalgaon Peopels Cooperative Bank Limited in Panvel for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code JPCB0000024 for the Panvel branch of The Jalgaon Peopels Cooperative 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, including The Jalgaon Peopels Cooperative Bank Limited located in Panvel, Panvel, Maharashtra, is provided with a unique IFSC like JPCB0000024 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the The Jalgaon Peopels Cooperative Bank Limited branch in Panvel.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Panvel and Raigad.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Jalgaon Peopels Cooperative Bank Limited in Panvel do not get mixed with another location.

Format of the IFSC Code JPCB0000024

The format of the IFSC Code for banks, including The Jalgaon Peopels Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For The Jalgaon Peopels Cooperative 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 Panvel in Panvel.

For example, the IFSC Code JPCB0000024 of The Jalgaon Peopels Cooperative Bank Limited for the Panvel branch includes these elements, identifying the bank and the branch location in Panvel and Maharashtra accurately.

How to Find IFSC Code for The Jalgaon Peopels Cooperative Bank Limited?

If you are trying to find the IFSC Code JPCB0000024 of The Jalgaon Peopels Cooperative Bank Limited for its Panvel branch located in Panvel, the following methods can help:

Cheque Book

The cheque book issued by The Jalgaon Peopels Cooperative 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 The Jalgaon Peopels Cooperative Bank Limited branches in Panvel and Raigad, print them on the first page of your passbook.

Bank Website

Visit the official website of The Jalgaon Peopels Cooperative Bank Limited and navigate to the branch locator section. Search for Panvel or Panvel to get the exact IFSC Code JPCB0000024.

Mobile Banking App

If you use The Jalgaon Peopels Cooperative 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 The Jalgaon Peopels Cooperative Bank Limited and Panvel, you'll get the correct details.

How to Use IFSC Code JPCB0000024 for Online Transfers?

If you have the IFSC Code JPCB0000024 for the Panvel branch of The Jalgaon Peopels Cooperative Bank Limited in Panvel, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code JPCB0000024. 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 The Jalgaon Peopels Cooperative Bank Limited IFSC Code JPCB0000024.

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 The Jalgaon Peopels Cooperative Bank Limited Panvel in Panvel, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Jalgaon Peopels Cooperative Bank Limited in Panvel, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official The Jalgaon Peopels Cooperative Bank Limited website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Panvel manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Jalgaon Peopels Cooperative Bank Limited in Panvel, Panvel?

The IFSC Code is JPCB0000024.

Is the IFSC Code JPCB0000024 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Jalgaon Peopels Cooperative Bank Limited Panvel?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Panvel branch?

The address of the branch is Parmar House, Plot No. 236,Opp. Old Telephone Exch located in Panvel, Raigad, 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.