Menu

Home » BSR code » Allahabad Bank » Jharkhand


Search BSR Codes of Allahabad Bank in Jharkhand


Allahabad Bank Jharkhand BSR Code


BSR Codes of Allahabad Bank in Bokaro BSR Codes of Allahabad Bank in Chatra BSR Codes of Allahabad Bank in Daltonganj BSR Codes of Allahabad Bank in Deoghar BSR Codes of Allahabad Bank in Dhanbad BSR Codes of Allahabad Bank in Dumka BSR Codes of Allahabad Bank in Garwa BSR Codes of Allahabad Bank in Giridih BSR Codes of Allahabad Bank in Godda BSR Codes of Allahabad Bank in Gumla BSR Codes of Allahabad Bank in Hazaribagh BSR Codes of Allahabad Bank in Jamtara BSR Codes of Allahabad Bank in Khunti BSR Codes of Allahabad Bank in Kodarma BSR Codes of Allahabad Bank in Latehar BSR Codes of Allahabad Bank in Lohardaga BSR Codes of Allahabad Bank in Pakur BSR Codes of Allahabad Bank in Paschimi Singhbhum BSR Codes of Allahabad Bank in Purvi Singhbhum BSR Codes of Allahabad Bank in Ranchi BSR Codes of Allahabad Bank in Saheebganj BSR Codes of Allahabad Bank in Simdega



















What is BSR Code for Allahabad Bank’s Branches in Jharkhand

BSR stands for BASIC STATISTICAL RETURNS. BSR code is a seven-digit code allotted by Reserve Bank of India to all the registered banks in India. The first three digits out of the seven represent Allahabad Bank whereas the remaining four digits represent Allahabad Bank’s branch in Jharkhand.

Where is Allahabad Bank’s Jharkhand BSR code used

Basic Statistical Returns is a system, which tries to integrate the data relating to various commercial banks and promotes the filling of the same with RBI at regular intervals. It is used in 3 particular places:

  • When TDS/TCS returns are being filed, BSR code is used in challan details and deductee details. This system is used to maintain records of the online payments and alerts the Income Tax department about the payment through banks.
  • BSR Codes also assist any international tax authority to track the payment made by an individual to a foreign country.
  • BSR Codes enables the senior citizens to receive pensions earlier.

How are Allahabad Bank’s Jharkhand BSR and CIN used

CIN or Challan Identification Number is a 20-digit unique identification number that can be found on the taxpayer’s counterfoil. BSR code is used in combination with the CIN number which also comprises of the date of deposit (dd/ mm/ yy i.e. six digits) and the challan serial number in 5 digits. CIN is always unique for each challan throughout the country and thus, helps in identifying the challan in the OLTAS.


What is the difference between Allahabad Bank’s Jharkhand BSR code and IFSC code?

Although, both IFSC codes and BSR codes help uniquely identify a particular bank branch, they are different in 2 ways.
5. The number of digits used to represent each code is different. IFSC is an 11-digit alphanumeric code, while BSR code is a seven-digit code.
6. An IFSC code is used while making online money transfers through RTGS (Real-time gross settlement systems) and NEFT (national electronic fund transfer), while BSR codes are used for filing online TDS/TCS returns or for easy distribution of pension among retired Government employees