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Jammu and Kashmir Bank

JALLANDAR BRANCH

+911812405306

IFSC CODE
JAKA0JULUND
MICR Code 144051001
Branch Code JULUND
City / District JALLANDAR
State PUNJAB
Office Address G.T ROAD, ADDA BASTI
Phone +911812405306
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Understanding IFSC Code: The Digital DNA of Jammu and Kashmir Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the JALLANDAR branch of Jammu and Kashmir Bank, the code JAKA0JULUND 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 JAKA0JULUND 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

"JAKA" represents Jammu and Kashmir Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for JALLANDAR

Payment Systems Supported by JAKA0JULUND

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—144051001—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 Jammu and Kashmir Bank in JALLANDAR typically follows the RBI holiday calendar. Digital transfers via JAKA0JULUND 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 JAKA0JULUND is the valid code for JALLANDAR at JALLANDAR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • JALLANDAR Contact
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Platform Links

  • • Anand Design DevBox
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