There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Dmk Jaoli Bank for its Satara branch in Satara, Satara, Satara, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Dmk Jaoli Bank situated in Satara or anywhere in Satara can easily transfer funds instantly by using the correct IFSC Code DMKJ0000019. You should 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, Satara, Satara
Here are the main details that are associated with the IFSC Code DMKJ0000019 of Dmk Jaoli Bank for its branch located in Satara, within the district of Satara in the state of Satara.
| Particulars | Details |
|---|---|
| Bank | Dmk Jaoli Bank |
| IFSC Code | DMKJ0000019 |
| Branch | Satara |
| City | Satara |
| District | Satara |
| State | Satara |
| Address | House No 1973,Gound Floor,Deshmukh Nagar, Old St Stand,Shirwal,Tal- Khandala, Dist Satara Pin-412801 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Dmk Jaoli Bank in Satara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DMKJ0000019 for the Satara branch of Dmk Jaoli Bank has an 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 Satara, Satara, Satara, is provided with a unique IFSC like DMKJ0000019 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Dmk Jaoli Bank branch in Satara.
- 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 Satara and Satara.
- 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 Satara and the rest of India and the IFSC Code ensures that transactions meant for Dmk Jaoli Bank in Satara do not get mixed with another location.
Format of the IFSC Code DMKJ0000019
The format of the IFSC Code for banks, including Dmk Jaoli Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Dmk Jaoli 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 Satara in Satara.
For example, the IFSC Code DMKJ0000019 of Dmk Jaoli Bank for the Satara branch includes these elements, identifying the bank and the branch location in Satara and Satara accurately.
How to Find IFSC Code for Dmk Jaoli Bank?
If you are trying to find the IFSC Code DMKJ0000019 of Dmk Jaoli Bank for its Satara branch located in Satara, 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
Most banks, including Dmk Jaoli Bank branches in Satara and Satara, print the IFSC and MICR codes 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 Satara or Satara to get the exact IFSC Code DMKJ0000019.
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 Satara, you'll get the correct details.
How to Use IFSC Code DMKJ0000019 for Online Transfers?
If you have the IFSC Code DMKJ0000019 for the Satara branch of Dmk Jaoli Bank in Satara, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DMKJ0000019. 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 DMKJ0000019.
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 Satara in Satara, 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 Satara, 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 Satara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DMKJ0000019.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is House No 1973,Gound Floor,Deshmukh Nagar, Old St Stand,Shirwal,Tal- Khandala, Dist Satara Pin-412801 located in Satara, Satara, Satara.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.