Use this page as a one-stop reference for everything related to Janata Sahakari Bank Limited Pune's PEN BRANCH branch in PEN, MAHARASHTRA. The branch's IFSC code JSBP0000059 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, JSBP0000059 is the IFSC of Janata Sahakari Bank Limited Pune's PEN BRANCH branch. The format is fixed: JSBP = bank code, 0 = reserved, 000059 = branch identifier.
About Janata Sahakari Bank Limited Pune
Janata Sahakari Bank Limited Pune operates a wide network of branches across India, including the Pen Branch branch in Pen. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, JSBP0000059.
About the Pen Branch branch
The Pen Branch branch of Janata Sahakari Bank Limited Pune is situated at FINAL PLOT NO 52 OLD S.NO 36/2 VEER SAWARKAR MARG PEN ANTORA ROAD POST PEN TALUKA PEN DIST RAIGAD 402107. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code JSBP0000059 is used.
Branch details at a glance
| Bank Name | Janata Sahakari Bank Limited Pune |
|---|---|
| Branch | Pen Branch |
| IFSC Code | JSBP0000059 |
| MICR Code | Refer to cheque leaf |
| Branch Address | FINAL PLOT NO 52 OLD S.NO 36/2 VEER SAWARKAR MARG PEN ANTORA ROAD POST PEN TALUKA PEN DIST RAIGAD 402107 |
| City | Pen |
| District | Raigad |
| State | Maharashtra |
| STD Code | 2143 |
| Phone | 253259 |
Why every Janata Sahakari Bank Limited Pune branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PEN BRANCH of Janata Sahakari Bank Limited Pune — its own 11-character IFSC. The code JSBP0000059 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC JSBP0000059 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Pen Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC JSBP0000059 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC JSBP0000059
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC JSBP0000059 across all three.
How to use IFSC JSBP0000059 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Janata Sahakari Bank Limited Pune's PEN BRANCH branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC JSBP0000059.
- Confirm the bank name auto-populates as Janata Sahakari Bank Limited Pune and the branch as PEN BRANCH.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC JSBP0000059
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Janata Sahakari Bank Limited Pune – PEN BRANCH, ensure your bank's portal accepts IFSC JSBP0000059 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Janata Sahakari Bank Limited Pune PEN BRANCH (IFSC JSBP0000059)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC JSBP0000059 in your mobile or internet banking app, and the money is credited to the PEN BRANCH branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC JSBP0000059 for Janata Sahakari Bank Limited Pune – PEN BRANCH, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – JSBP0000059 | Yes – JSBP0000059 | Yes – JSBP0000059 |
For most retail customers crediting the Pen Branch branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC JSBP0000059
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Janata Sahakari Bank Limited Pune – PEN BRANCH is still mapped to IFSC JSBP0000059. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC JSBP0000059 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Pen Branch branch is mapped to IFSC JSBP0000059 on the RBI payments network. The branch generally supports the full retail product catalogue of Janata Sahakari Bank Limited Pune, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains JSBP0000059.
Banking services available
The Pen Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2143-253259.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC JSBP0000059
Online banking and IFSC JSBP0000059
Janata Sahakari Bank Limited Pune customers can register for net banking and the bank's official mobile app once their account at the PEN BRANCH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC JSBP0000059 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Pen Branch branch sits at FINAL PLOT NO 52 OLD S.NO 36/2 VEER SAWARKAR MARG PEN ANTORA ROAD POST PEN TALUKA PEN DIST RAIGAD 402107. If you are travelling from outside Pen, search for the branch on a maps application using the bank name and locality, or call 2143-253259 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC JSBP0000059 and your account number.
Common mistakes to avoid when using IFSC JSBP0000059
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Janata Sahakari Bank Limited Pune – PEN BRANCH, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
JSBP0000059. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Pen Branch are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to JSBP0000059 continue to work without interruption.
Verifying IFSC JSBP0000059 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm JSBP0000059 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2143-253259.
- Visiting the bank's official branch locator page.
Branch address & contact
Janata Sahakari Bank Limited PunePen Branch Branch
FINAL PLOT NO 52 OLD S.NO 36/2 VEER SAWARKAR MARG PEN ANTORA ROAD POST PEN TALUKA PEN DIST RAIGAD 402107
Pen, Maharashtra
Phone: 2143-253259
IFSC: JSBP0000059
Frequently asked questions
How do I add Janata Sahakari Bank Limited Pune Pen Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC JSBP0000059, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Janata Sahakari Bank Limited Pune Pen Branch branch located?
Janata Sahakari Bank Limited Pune's Pen Branch branch is located at FINAL PLOT NO 52 OLD S.NO 36/2 VEER SAWARKAR MARG PEN ANTORA ROAD POST PEN TALUKA PEN DIST RAIGAD 402107, Pen, Maharashtra.
Is IFSC JSBP0000059 the same for all accounts at Pen Branch branch?
Yes. The IFSC JSBP0000059 is shared by every account held at Janata Sahakari Bank Limited Pune's Pen Branch branch. Only the account number changes from customer to customer.
Can I use IFSC JSBP0000059 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC JSBP0000059 to send funds instantly.
What is the phone number of Janata Sahakari Bank Limited Pune Pen Branch branch?
You can reach the branch at 2143-253259 during regular banking hours.
What is the IFSC code of Janata Sahakari Bank Limited Pune Pen Branch branch?
The IFSC code of Janata Sahakari Bank Limited Pune, Pen Branch branch is JSBP0000059. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC JSBP0000059 valid for NEFT and RTGS?
Yes. IFSC JSBP0000059 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: JSBP0000059 is the IFSC code of Janata Sahakari Bank Limited Pune, PEN BRANCH branch, in PEN, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
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