IFSC code for Janata Co-operative Bank Sadalga, Janata co-operative bank sadalga imps, Sadalga, Maharashtra
Updated on: Sunday, December 1, 2024
IFSC CODE
IBKL01340JC
Janata Co-operative Bank Sadalga
Janata Co-operative Bank Sadalga Imps, Mumbai, Maharashtra
Address
Main Road,sadalga
Janata Co-operative Bank Sadalga
Janata Co-operative Bank Sadalga Imps, Mumbai, Maharashtra
Address
Main Road,sadalga
Bank Details
IFSC Code
IBKL01340JC
MICR Code
591857503
Bank Code
(Based on IFSC)
TJBX
Bank Code
(Based on MICR)
857
Contact
+918338251650
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IFSC Code of Janata Co-operative Bank Sadalga
Every Janata Co-operative Bank Sadalga branch in India has a unique Janata Co-operative Bank Sadalga IFSC Code. Janata Co-operative Bank Sadalga IFSC Code enables Janata Co-operative Bank Sadalga account holders to send and receive money electronically. Janata Co-operative Bank Sadalga IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Janata Co-operative Bank Sadalga IFSC Code IBKL01340JC
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., IBKL, denotes the name of the bank which is Janata Co-operative Bank Sadalga.
The fifth character is 0.
The last six digits of the code, i.e., 1340JC, represents the branch which is Janata Co-operative Bank Sadalga
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MICR Code of Janata Co-operative Bank Sadalga
Every Janata Co-operative Bank Sadalga branch in India has a unique Janata Co-operative Bank Sadalga MICR Code. MICR code for Janata Co-operative Bank Sadalga can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Janata Co-operative Bank Sadalga. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.