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Janata Co-operative Bank Sadalga

Janata Co-operative Bank Sadalga IMPS BRANCH

+918338251650

IFSC CODE
IBKL01340JC
MICR Code 591857503
Branch Code 1340JC
City / District SADALGA
State MAHARASHTRA
Office Address MAIN ROAD,SADALGA
Phone +918338251650
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Janata Co-operative Bank Sadalga

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Janata Co-operative Bank Sadalga IMPS branch of Janata Co-operative Bank Sadalga, the code IBKL01340JC ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the IBKL01340JC Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"IBKL" represents Janata Co-operative Bank Sadalga

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Janata Co-operative Bank Sadalga IMPS

Payment Systems Supported by IBKL01340JC

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—591857503—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Janata Co-operative Bank Sadalga in SADALGA typically follows the RBI holiday calendar. Digital transfers via IBKL01340JC for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While IBKL01340JC is the valid code for Janata Co-operative Bank Sadalga IMPS at SADALGA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

  • • Janata Co-operative Bank Sadalga IMPS Contact
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  • • MICR Code Finder
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Platform Links

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  • • IFSC Finder v2.0

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