Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited

The Indian Financial System Code in short denoted as IFSC is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), from one bank to another. RBI has allotted IFSC codes to all the bank branches in India. It is a unique 11-digit code with alphanumeric characters. It is mandatory to enter IFSC code or MICR code. These codes help the users to ensure that the transferred funds go to the right person account.

For example, we can take the IFSC code: "KAIJ0000019" of KallappannaAwadeIchalkaranjiJanataSahakari Bank Limited branch in Ichalkaranji, Maharashtra.

• Here, the first four alphabets, KAIJ, indicate the bank name, i.e., KallappannaAwadeIchalkaranjiJanataSahakari Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 000019 - denotes a particular branch of Ichalkaranji, Maharashtra.

Easy way to find KallappannaAwadeIchalkaranjiJanataSahakari Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by KallappannaAwadeIchalkaranjiJanataSahakari Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank's official website. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited Branch Details

• Karnataka

• Maharashtra

ABOUT KALLAPPANNA AWADEL CHALKARANJI JANATA SAHAKARI BANK LIMITED

• Ichalkaranji, once a small Capital "Jahagir" town in Maharashtra was ruled by Late NarayanraoBabasahebGhorpade. He cherished a dream to see that the small princely town earns eminence and prosperity by encouraging "Trade & Industry". Because of his benevolence and untiring zeal towards this goal, he was really fortunate to have unstinted cooperation from dedicated and disciplined team of men. Through his untiring efforts and constant encouragement, Ichalkaranji, is today enjoying a pride of place as "Manchester of Maharashtra", a centre of a wide spectrum of industry and trade.


• The IchalkaranjiJanataSahakari Bank Limited was registered on 5 November 1962 and started its financial operations on 7 February 1963. After the efficient operations, the Reserve Bank of India had no hesitation in granting to operate as a bank and granted a banking license as Urban Co-operative Bank, in April 1982. Also, the bank got scheduled status on 29 January 2000. The achievement of the bank reflected the quality of management & the Board. It was natural that operations of the bank in the beginning were on a limited scale with financial constraints of funds flowing from the public. However, soon, through sustained efforts for collecting deposits from the public by innovating and attractive Deposit Schemes the kitty of the bank started growing. The bank therefore could lend financial assistance to a wider range of small and needy entrepreneurs. This strengthened the trust of the people as more and more cooperative institutions became valued clients of the bank.


• The inspiration was Late DattajiraoKadam with his team of colleagues sharing his mission of co-operative movement in the fifties founded a chain of co-operative institutions in Ichalkaranji. The unique achievement of Late Kadam gave a wider base to the co-operative movement, by extending it to agro-based industry. His one of the landmarks is the foundation of the IchalkaranjiJanataSahakari Bank Limited.


• During that time, the traditional handloom industry was making way for powerloom as a need of the time. The bank has the pride of privilege to claim, it could make the small powerloom owners forced to undertake job works for want of working capital, could become self-reliant producers with their own looms. Since the bank is the lifeblood of economic activity of industry and trade, especially of weaker sections among them, it was and has been the cardinal policy of the Management to help industry, bearing in mind the national growth. The bank in all humiliation can proudly claim its share in promoting and establishing the small powerloom owners and the ancillary industry. As such it proves the 'Bank weaving the minds of Mankind'.


• The share of the growth and usefulness of the bank also goes to its members. They voluntarily sacrificed their dividends out of the profits for "Building Fund" for a continuous period of five long years. It became possible for the management to have its own premises and a prestigious building of five floors, known as "JANATA BANK BHAVAN". The bank has now provided 600 Safe deposit lockers in its basement. A leading bank of South-Western Maharashtra. Promptly serving you through a network of 44 fully computerized branches spread across Maharashtra and Karnataka state. Total Deposits of more than 2214.72 Crores, Loans 1425.82 Crores and Working Capital of 3640.54 Crores.

Industrial and Agriculture Finance

The bank has been co-opted by Small Industrial Development Bank of India for implementation of Technology upgradation Funds Scheme of 5% interest rate subsidy allocated by the Central Government for the development of the textile industrial sector. The bank also provided financing for the development of S.S.I, units under the National Equity Funds Scheme as per the SIDBI Scheme. The bank is a nodal member of NABARD and eligible for finance facility from the Development Bank. It is always achieving the targets of GOI under agriculture finance.

ADDRESS:
IchalkaranjiJanataSahakari Bank Limited
Janata Bank Bhavan, Main Road,
Ichalkaranji - 416 115, Hatkanagale,
Maharashtra.
contact:: 0230 - 2433505 - 07, 2429300.
E-mail: kaijsbho@ijsbank.com