IFSC Code of Janata Sahakari Bank Limited Pune, Shivaji Nagar Ratnagiri Branch, Maharashtra

Use this page as a one-stop reference for everything related to Janata Sahakari Bank Limited Pune's SHIVAJI NAGAR RATNAGIRI branch in RATNAGIRI, MAHARASHTRA. The branch's IFSC code JSBP0000023 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.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Janata Sahakari Bank Limited Pune – SHIVAJI NAGAR RATNAGIRI is JSBP0000023. The first four letters JSBP are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000023 map to this branch in RATNAGIRI, MAHARASHTRA.

Branch details at a glance

About the bank

Janata Sahakari Bank Limited Pune serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shivaji Nagar Ratnagiri branch in Ratnagiri, Maharashtra is part of this network and uses the IFSC code JSBP0000023 for all electronic settlement.

About the Shivaji Nagar Ratnagiri branch

The Shivaji Nagar Ratnagiri branch of Janata Sahakari Bank Limited Pune is situated at S.NO. 234 (PART), C.T.S.NO -. 168,NACHANE GAON, RATNAGIRI - 415612.,E-MAIL SHIVAJINAGARRATNAGIRI AT JANATABANKPUNE.COM. 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 JSBP0000023 is used.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Janata Sahakari Bank Limited Pune's SHIVAJI NAGAR RATNAGIRI branch came to be assigned the code JSBP0000023.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC JSBP0000023, money simply cannot be routed to the SHIVAJI NAGAR RATNAGIRI branch electronically.

How to transfer money using IFSC JSBP0000023

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 JSBP0000023 across all three.

How to use IFSC JSBP0000023 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 SHIVAJI NAGAR RATNAGIRI 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC JSBP0000023.
4. Confirm the bank name auto-populates as Janata Sahakari Bank Limited Pune and the branch as SHIVAJI NAGAR RATNAGIRI.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC JSBP0000023

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 – SHIVAJI NAGAR RATNAGIRI, ensure your bank's portal accepts IFSC JSBP0000023 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Janata Sahakari Bank Limited Pune – SHIVAJI NAGAR RATNAGIRI, use IMPS. With IFSC JSBP0000023 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Shivaji Nagar Ratnagiri

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC JSBP0000023:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at SHIVAJI NAGAR RATNAGIRI is still linked to IFSC JSBP0000023.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Janata Sahakari Bank Limited Pune's SHIVAJI NAGAR RATNAGIRI branch, the IFSC JSBP0000023 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the Shivaji Nagar Ratnagiri branch

Once you have an account at Janata Sahakari Bank Limited Pune – SHIVAJI NAGAR RATNAGIRI, the IFSC JSBP0000023 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Shivaji Nagar Ratnagiri branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2352-222621.

• 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 JSBP0000023

MICR & cheque-truncation details

Cheques drawn on the Shivaji Nagar Ratnagiri branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC JSBP0000023 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC JSBP0000023

Janata Sahakari Bank Limited Pune customers can register for net banking and the bank's official mobile app once their account at the SHIVAJI NAGAR RATNAGIRI 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 JSBP0000023 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.

Common mistakes to avoid when using IFSC JSBP0000023

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 – SHIVAJI NAGAR RATNAGIRI, 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: JSBP0000023.
• 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.

How to reach the Shivaji Nagar Ratnagiri branch

The branch is located at S.NO. 234 (PART), C.T.S.NO -. 168,NACHANE GAON, RATNAGIRI - 415612.,E-MAIL SHIVAJINAGARRATNAGIRI AT JANATABANKPUNE.COM, which puts it inside Ratnagiri, the broader Ratnagiri district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Janata Sahakari Bank Limited Pune Shivaji Nagar Ratnagiri branch” — the verified location pin for IFSC JSBP0000023 should appear at the top of the results.
2. Confirm the branch is open by calling 2352-222621 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC JSBP0000023 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC JSBP0000023 for Janata Sahakari Bank Limited Pune – SHIVAJI NAGAR RATNAGIRI, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Shivaji Nagar Ratnagiri 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 JSBP0000023 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: JSBP0000023 is the IFSC code of Janata Sahakari Bank Limited Pune, SHIVAJI NAGAR RATNAGIRI branch, in RATNAGIRI, 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.