Janaseva Sahakari Bank, Pune Saswad
Saswad · Saswad, Maharashtra
411257018 is the MICR code for the Saswad branch of Janaseva Sahakari Bank, Pune, located in Saswad, Maharashtra. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code JANA0000007.
Bank
Janaseva Sahakari Bank, Pune
Branch & Address
Saswad
Sr. No. 1153/a, Landge Building, Main Road, Saswad, Taluka - Purandar 412301
Saswad, Saswad, Maharashtra
Contact
+912115222630MICR Code Structure
411
City
257
Bank
018
Branch
City code 411 identifies the RBI clearing centre, bank code 257 identifies Janaseva Sahakari Bank, Pune, and branch code 018 identifies this specific branch.
Online Payment Methods Supported
Other Janaseva Sahakari Bank, Pune branches near Saswad
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (JANA0000007) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 411257018 is in the middle, and your account number is on the right.