The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Dhanalakshmi Bank for its Virar branch in Mumbai, Mumbai, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Dhanalakshmi Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DLXB0000250. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Dhanalakshmi Bank, Virar, Mumbai
Below in the table are the key details related to IFSC Code DLXB0000250 of Dhanalakshmi Bank for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Dhanalakshmi Bank |
| IFSC Code | DLXB0000250 |
| Branch | Virar |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Ground Floor Viva Gokul Arcade |
These details are important not only for users using online banking but also for businesses and individuals who use Dhanalakshmi Bank in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DLXB0000250 for the Virar branch of Dhanalakshmi Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like DLXB0000250 is given to every bank branch, including Dhanalakshmi Bank located in Virar, Mumbai, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Dhanalakshmi Bank branch in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Mumbai and Mumbai.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Dhanalakshmi Bank in Virar doesn't end up at another location.
Format of the IFSC Code DLXB0000250
The format of the IFSC Code for banks, including Dhanalakshmi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Dhanalakshmi Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Virar in Mumbai.
For example, the IFSC Code DLXB0000250 of Dhanalakshmi Bank for the Virar branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Dhanalakshmi Bank?
If you are looking for the IFSC Code DLXB0000250 of Dhanalakshmi Bank for its Virar branch located in Mumbai, the following methods can help:
Cheque Book
The cheque book that is issued by Dhanalakshmi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Dhanalakshmi Bank branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Dhanalakshmi Bank and look for the branch locator section, then search for Virar or Mumbai to get the exact IFSC Code DLXB0000250.
Mobile Banking App
If you use Dhanalakshmi Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Dhanalakshmi Bank and Mumbai, then it will provide you proper information.
How to Use IFSC Code DLXB0000250 for Online Transfers?
Once you have the IFSC Code DLXB0000250 for the Virar branch of Dhanalakshmi Bank in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DLXB0000250. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Dhanalakshmi Bank IFSC Code DLXB0000250.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Dhanalakshmi Bank Virar in Mumbai, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Dhanalakshmi Bank in Virar, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Dhanalakshmi Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DLXB0000250.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Viva Gokul Arcade located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
