If you are searching for the IFSC code of Solapur Janata Sahakari Bank Limited, branch in , MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SJSB0000020. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the branch, and detailed step-by-step guides for using the IFSC SJSB0000020 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 Solapur Janata Sahakari Bank Limited – is SJSB0000020. The first four letters SJSB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000020 map to this branch in , MAHARASHTRA.
Branch details at a glance
| Bank Name | Solapur Janata Sahakari Bank Limited |
|---|---|
| IFSC Code | SJSB0000020 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UDYOG BHAVAN OPPS .T. STAND UDGIR . DIS .LATUR 413517 |
| State | Maharashtra |
| Phone | 257446 |
Bank profile
Solapur Janata Sahakari Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The branch — IFSC SJSB0000020 — extends the bank's services to customers in and around , Maharashtra.
About this branch
The branch is located at UDYOG BHAVAN OPPS .T. STAND UDGIR . DIS .LATUR 413517. It serves the region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Solapur Janata Sahakari Bank Limited. The IFSC SJSB0000020 is used to identify this branch on the RBI payments network.
Why every Solapur Janata Sahakari Bank Limited 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 of Solapur Janata Sahakari Bank Limited — its own 11-character IFSC. The code SJSB0000020 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 SJSB0000020 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC SJSB0000020
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 SJSB0000020 across all three.
NEFT to Solapur Janata Sahakari Bank Limited, using IFSC SJSB0000020
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SJSB0000020, and confirm that the system picks up Solapur Janata Sahakari Bank Limited – . Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to
If you need to transfer ₹2 lakh or more in one go to an account at Solapur Janata Sahakari Bank Limited's branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SJSB0000020 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Solapur Janata Sahakari Bank Limited – , use IMPS. With IFSC SJSB0000020 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
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 SJSB0000020:
- 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 is still linked to IFSC SJSB0000020.
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 Solapur Janata Sahakari Bank Limited's branch, the IFSC SJSB0000020 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 branch
Once you have an account at Solapur Janata Sahakari Bank Limited – , the IFSC SJSB0000020 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 branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 257446.
- 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 SJSB0000020
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Solapur Janata Sahakari Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SJSB0000020 and the account number together uniquely identify the branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SJSB0000020 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC SJSB0000020
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 Solapur Janata Sahakari Bank Limited – , 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:
SJSB0000020. - 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.
Reaching the branch
The branch sits at UDYOG BHAVAN OPPS .T. STAND UDGIR . DIS .LATUR 413517. If you are travelling from outside , search for the branch on a maps application using the bank name and locality, or call 257446 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 SJSB0000020 and your account number.
Verifying IFSC SJSB0000020 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 SJSB0000020 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 257446.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SJSB0000020, however, work 24x7.
Branch address & contact
Solapur Janata Sahakari Bank LimitedBranch
UDYOG BHAVAN OPPS .T. STAND UDGIR . DIS .LATUR 413517
, Maharashtra
Phone: 257446
IFSC: SJSB0000020
Frequently asked questions
How do I add Solapur Janata Sahakari Bank Limited as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SJSB0000020, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SJSB0000020 the same for all accounts at branch?
Yes. The IFSC SJSB0000020 is shared by every account held at Solapur Janata Sahakari Bank Limited's branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the branch but serve different purposes.
What is the IFSC code of Solapur Janata Sahakari Bank Limited branch?
The IFSC code of Solapur Janata Sahakari Bank Limited, branch is SJSB0000020. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC SJSB0000020 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SJSB0000020 to send funds instantly.
Where is Solapur Janata Sahakari Bank Limited branch located?
Solapur Janata Sahakari Bank Limited's branch is located at UDYOG BHAVAN OPPS .T. STAND UDGIR . DIS .LATUR 413517, , Maharashtra.
How quickly will an NEFT transfer using SJSB0000020 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Solapur Janata Sahakari Bank Limited – reflect within 30 minutes.
Summary
The IFSC code SJSB0000020 belongs to Solapur Janata Sahakari Bank Limited's branch, located at UDYOG BHAVAN OPPS .T. STAND UDGIR . DIS .LATUR 413517 in , MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
