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IFSC Code of Dmk Jaoli Bank, Asalfa Village, Mumbai, Mumbai — DMKJ0000005

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 Dmk Jaoli Bank for its Asalfa Village branch in Mumbai, Mumbai, Mumbai, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Dmk Jaoli Bank located in Mumbai or anywhere in Mumbai can transfer funds instantly by using the correct IFSC Code DMKJ0000005. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Dmk Jaoli Bank, Asalfa Village, Mumbai

The table below shows the main details of the IFSC Code DMKJ0000005 for the Dmk Jaoli Bank branch in Mumbai, which falls under the Mumbai district in Mumbai.

Particulars Details
Bank Dmk Jaoli Bank
IFSC Code DMKJ0000005
Branch Asalfa Village
City Mumbai
District Mumbai
State Mumbai
Address Khanna Apartment,Nari Seva Sadan Marg, Asalfa Village, Ghatkopar W , Mumbai -400086

These details are important not only for users using online banking but also for businesses and individuals who use Dmk Jaoli Bank in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DMKJ0000005 for the Asalfa Village branch of Dmk Jaoli Bank is vital.

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 Dmk Jaoli Bank located in Asalfa Village, Mumbai, Mumbai, is provided a unique IFSC like DMKJ0000005 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Dmk Jaoli Bank branch in Mumbai.
  • 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 Mumbai and Mumbai.
  • 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 Mumbai and the rest of India, the IFSC Code ensures that transactions meant for Dmk Jaoli Bank in Asalfa Village do not get misguided to another person.

Format of the IFSC Code DMKJ0000005

The format of the IFSC Code for banks, including Dmk Jaoli Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Dmk Jaoli Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Asalfa Village in Mumbai.

For example, the IFSC Code DMKJ0000005 of Dmk Jaoli Bank for the Asalfa Village branch includes these elements, identifying the bank and the branch location in Mumbai and Mumbai correctly.

How to Find IFSC Code for Dmk Jaoli Bank?

If you are trying to find the IFSC Code DMKJ0000005 of Dmk Jaoli Bank for its Asalfa Village branch located in Mumbai, the following methods can help:

Cheque Book

The cheque books that are issued by Dmk Jaoli Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Dmk Jaoli Bank branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Dmk Jaoli Bank and find the branch locator section. Search for Asalfa Village or Mumbai to get the exact IFSC Code DMKJ0000005.

Mobile Banking App

If you use Dmk Jaoli Bank's mobile app, you can easily 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 to help you in searching for Dmk Jaoli Bank and Mumbai that will provide accurate information.

How to Use IFSC Code DMKJ0000005 for Online Transfers?

Once you have the IFSC Code DMKJ0000005 for the Asalfa Village branch of Dmk Jaoli Bank in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DMKJ0000005. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹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 Dmk Jaoli Bank IFSC Code DMKJ0000005.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Dmk Jaoli Bank Asalfa Village in Mumbai, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Dmk Jaoli Bank in Asalfa Village, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Dmk Jaoli Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Dmk Jaoli Bank in Asalfa Village, Mumbai?

The IFSC Code is DMKJ0000005.

Is the IFSC Code DMKJ0000005 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 Dmk Jaoli Bank Asalfa Village?

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 Asalfa Village branch?

The address of the branch is Khanna Apartment,Nari Seva Sadan Marg, Asalfa Village, Ghatkopar W , Mumbai -400086 located in Mumbai, Mumbai, Mumbai.

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.

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