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 Sector-12 branch in Panvel, Panvel, Raigad, 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 Panvel or anywhere in Raigad can transfer funds instantly by using the correct IFSC Code DMKJ0000015. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Dmk Jaoli Bank, Sector-12, Panvel
Here are the main details that are associated with the IFSC Code DMKJ0000015 of Dmk Jaoli Bank for its branch located in Panvel, within the district of Panvel in the state of Raigad.
| Particulars | Details |
|---|---|
| Bank | Dmk Jaoli Bank |
| IFSC Code | DMKJ0000015 |
| Branch | Sector-12 |
| City | Panvel |
| District | Panvel |
| State | Raigad |
| Address | Ruby Palace Chs Ltd , Sector-12,Panvel-Matheran Road,New Panvel,Dist-Raigad Pin-410 206 |
These details are important not only for users using online banking but also for businesses and individuals who use Dmk Jaoli Bank in Panvel for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DMKJ0000015 for the Sector-12 branch of Dmk Jaoli Bank is vital.
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, along with Dmk Jaoli Bank located in Sector-12, Panvel, Raigad, are given a unique IFSC like DMKJ0000015 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panvel.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Panvel and Panvel.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Dmk Jaoli Bank in Sector-12 goes to the correct branch. This is important because Dmk Jaoli Bank has thousands of branches in Raigad and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code DMKJ0000015
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 Sector-12 in Panvel.
For example, the IFSC Code DMKJ0000015 of Dmk Jaoli Bank for the Sector-12 branch has these elements, identifying the bank and the branch location in Panvel and Raigad correctly.
How to Find IFSC Code for Dmk Jaoli Bank?
If you are trying to find the IFSC Code DMKJ0000015 of Dmk Jaoli Bank for its Sector-12 branch located in Panvel, the following methods can help:
Cheque Book
The cheque book issued by Dmk Jaoli Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Dmk Jaoli Bank branches in Panvel and Panvel, print them on the first page of your passbook.
Bank Website
Visit the official website of Dmk Jaoli Bank and navigate to the branch locator section. Search for Sector-12 or Panvel to get the exact IFSC Code DMKJ0000015.
Mobile Banking App
If you use Dmk Jaoli Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Dmk Jaoli Bank and Panvel, you'll get the correct details.
How to Use IFSC Code DMKJ0000015 for Online Transfers?
If you have the IFSC Code DMKJ0000015 for the Sector-12 branch of Dmk Jaoli Bank in Panvel, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DMKJ0000015. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Dmk Jaoli Bank IFSC Code DMKJ0000015.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Dmk Jaoli Bank Sector-12 in Panvel, it may result in delayed or failed transactions.
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 Sector-12, 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 Panvel manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sector-12 Panvel branch is DMKJ0000015.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ruby Palace Chs Ltd , Sector-12,Panvel-Matheran Road,New Panvel,Dist-Raigad Pin-410 206.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.