Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Dhanalakshmi Bank for its Arasavilli branch in Srikakulam, Arasavilli, or Andhra Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Dhanalakshmi Bank located in Srikakulam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code DLXB0000289. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Dhanalakshmi Bank, Arasavilli, Srikakulam

Below in the table are the key details related to IFSC Code DLXB0000289 of Dhanalakshmi Bank for its branch located in Srikakulam, within the district of Arasavilli in the state of Andhra Pradesh.

Particulars Details
Bank Dhanalakshmi Bank
IFSC Code DLXB0000289
Branch Arasavilli
City Srikakulam
District Arasavilli
State Andhra Pradesh
Address Ground Floor, T.S.No.445/1,Opp.Keshava Reddy School,Arasavilli, Srikakulam, Andhra Pradesh -532001

These details helps users in online banking and for businesses and individuals who use Dhanalakshmi Bank in Srikakulam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DLXB0000289 for the Arasavilli branch of Dhanalakshmi Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Dhanalakshmi Bank located in Arasavilli, Srikakulam, Andhra Pradesh, is provided a unique IFSC like DLXB0000289 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Dhanalakshmi Bank branch in Srikakulam.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Srikakulam and Arasavilli.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Dhanalakshmi Bank in Arasavilli do not get misguided to another person.

Format of the IFSC Code DLXB0000289

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 Arasavilli in Srikakulam.

For example, the IFSC Code DLXB0000289 of Dhanalakshmi Bank for the Arasavilli branch includes these elements, identifying the bank and the branch location in Srikakulam and Andhra Pradesh accurately.

How to Find IFSC Code for Dhanalakshmi Bank?

To find the IFSC Code DLXB0000289 of Dhanalakshmi Bank for its Arasavilli branch located in Srikakulam, the following methods can help you out:

Cheque Book

The cheque book issued by Dhanalakshmi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Dhanalakshmi Bank branches in Srikakulam and Arasavilli, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Dhanalakshmi Bank and go to the branch locator section. Then search for Arasavilli or Srikakulam to find the exact IFSC Code DLXB0000289.

Mobile Banking App

If you use Dhanalakshmi Bank's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Dhanalakshmi Bank and Srikakulam will provide accurate information.

How to Use IFSC Code DLXB0000289 for Online Transfers?

Once you have the IFSC Code DLXB0000289 for the Arasavilli branch of Dhanalakshmi Bank in Srikakulam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DLXB0000289. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Dhanalakshmi Bank IFSC Code DLXB0000289.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Dhanalakshmi Bank Arasavilli in Srikakulam, it can result in delayed or failed transactions.

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 Arasavilli, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Srikakulam to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Dhanalakshmi Bank in Arasavilli, Srikakulam?

The IFSC Code is DLXB0000289.

Is the IFSC Code DLXB0000289 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Dhanalakshmi Bank Arasavilli?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Arasavilli branch?

The address of the branch is Ground Floor, T.S.No.445/1,Opp.Keshava Reddy School,Arasavilli, Srikakulam, Andhra Pradesh -532001 located in Srikakulam, Arasavilli, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.