IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.
JANATA SAHAKARI BANK LIMITED GUJARAT ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main
payment and settlement systems in India.
1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer
For Example :
JANATA SAHAKARI BANK LIMITED GUJARAT ifsc code : JSBP0000039 is 11 digit Unique IFSC Code.
First 4 characters represents Bank Code : JSBP for Bank : JANATA SAHAKARI BANK LIMITED
5th character is Zero and it is reserved for future reference
Last 6 characters represents Branch Code : 000039 for Bank Branch KHEDBRAMHA
Anatomy of a Cheque
The above image represent cheque format which locates IFSC Code and MICR Code in Red Box
MICR code for janata sahakari bank limited gujarat represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.
MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).
MICR Code for JANATA SAHAKARI BANK LIMITED : 383074071 is 9 digit Unique MICR Code.
First 3 digits represents CityCode Code : 383 for City : KHEDBRAMHA
Middle 3 digits reprents Bank Code: 074 for Bank : JANATA SAHAKARI BANK LIMITED
Last 3 digits represents Branch Code : 407 for Bank Branch KHEDBRAMHA
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