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 Panchpakhadi branch in Thane, Thane, Thane, 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 Thane or anywhere in Thane can easily transfer funds instantly by using the correct IFSC Code DMKJ0000012. 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, Panchpakhadi, Thane
The table below shows the main details of the IFSC Code DMKJ0000012 for the Dmk Jaoli Bank branch in Thane, which falls under the Thane district in Thane.
| Particulars | Details |
|---|---|
| Bank | Dmk Jaoli Bank |
| IFSC Code | DMKJ0000012 |
| Branch | Panchpakhadi |
| City | Thane |
| District | Thane |
| State | Thane |
| Address | Ratnaumed Residency, Plot No. 117,┬Álouis Wadi, Panchpakhadi, Thane(W)-400 604 |
These details are essential not only for online banking users but also for businesses and individuals who use Dmk Jaoli Bank in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DMKJ0000012 for the Panchpakhadi branch of Dmk Jaoli Bank plays 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 Panchpakhadi, Thane, Thane, is provided with a unique IFSC like DMKJ0000012 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Dmk Jaoli Bank branch in Thane.
- 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 Thane and Thane.
- 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 Thane and the rest of India and the IFSC Code ensures that transactions meant for Dmk Jaoli Bank in Panchpakhadi do not get mixed with another location.
Format of the IFSC Code DMKJ0000012
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): 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 Panchpakhadi in Thane.
For example, the IFSC Code DMKJ0000012 of Dmk Jaoli Bank for the Panchpakhadi branch includes these elements, identifying the bank and the branch location in Thane and Thane accurately.
How to Find IFSC Code for Dmk Jaoli Bank?
To find the IFSC Code DMKJ0000012 of Dmk Jaoli Bank for its Panchpakhadi branch located in Thane, the following methods can help you out:
Cheque Book
The cheque book issued by Dmk Jaoli Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Dmk Jaoli Bank branches in Thane and Thane, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Dmk Jaoli Bank and go to the branch locator section. Then search for Panchpakhadi or Thane to find the exact IFSC Code DMKJ0000012.
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 maintains an updated database of all IFSC codes. Searching for Dmk Jaoli Bank and Thane will provide accurate information.
How to Use IFSC Code DMKJ0000012 for Online Transfers?
Once you have the IFSC Code DMKJ0000012 for the Panchpakhadi branch of Dmk Jaoli Bank in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DMKJ0000012. 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 DMKJ0000012.
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 Panchpakhadi in Thane, your payment can get delayed or might not go through at all.
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 Dmk Jaoli Bank in Panchpakhadi, 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 Dmk Jaoli Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DMKJ0000012.
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 Ratnaumed Residency, Plot No. 117,┬Álouis Wadi, Panchpakhadi, Thane(W)-400 604 located in Thane, Thane, Thane.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.