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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Dmk Jaoli Bank for its Dadar branch in Mumbai, Mumbai, Mumbai, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Dmk Jaoli Bank located in Mumbai or anywhere in Mumbai can transfer funds instantly by using the correct IFSC Code DMKJ0000018. 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 Dmk Jaoli Bank, Dadar, Mumbai
Here are some of the key details that come with the IFSC Code DMKJ0000018 of Dmk Jaoli Bank for its branch located in Mumbai, within the district of Mumbai in the state of Mumbai.
| Particulars | Details |
|---|---|
| Bank | Dmk Jaoli Bank |
| IFSC Code | DMKJ0000018 |
| Branch | Dadar |
| City | Mumbai |
| District | Mumbai |
| State | Mumbai |
| Address | Kohinoor Appartment,┬Á1St Floor,378 N C Kelkar Road, Above Titan Showroom, Dadar (West)Mumbai-400 028. |
These details help users in online banking and for businesses and individuals who use Dmk Jaoli Bank in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DMKJ0000018 for the Dadar branch of Dmk Jaoli Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Dmk Jaoli Bank located in Dadar, Mumbai, Mumbai, is provided with a unique IFSC like DMKJ0000018 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Dmk Jaoli Bank branch in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Mumbai and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Mumbai and the rest of India and the IFSC Code ensures that transactions meant for Dmk Jaoli Bank in Dadar do not get mixed with another location.
Format of the IFSC Code DMKJ0000018
The format of the IFSC Code for banks, including Dmk Jaoli Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Dmk Jaoli Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Dadar in Mumbai.
For example, the IFSC Code DMKJ0000018 of Dmk Jaoli Bank for the Dadar branch has 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 looking for the IFSC Code DMKJ0000018 of Dmk Jaoli Bank for its Dadar branch located in Mumbai, the following methods can help:
Cheque Book
The cheque book that is issued by Dmk Jaoli 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 Dmk Jaoli 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 Dmk Jaoli Bank and look for the branch locator section, then search for Dadar or Mumbai to get the exact IFSC Code DMKJ0000018.
Mobile Banking App
If you use Dmk Jaoli 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 Dmk Jaoli Bank and Mumbai, then it will provide you proper information.
How to Use IFSC Code DMKJ0000018 for Online Transfers?
Once you have the IFSC Code DMKJ0000018 for the Dadar 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 DMKJ0000018. 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 Dmk Jaoli Bank IFSC Code DMKJ0000018.
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 Dadar 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 Dadar, 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)
The IFSC Code is DMKJ0000018.
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 Kohinoor Appartment,┬Á1St Floor,378 N C Kelkar Road, Above Titan Showroom, Dadar (West)Mumbai-400 028. located in Mumbai, Mumbai, Mumbai.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.