For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Dombivli Nagari Sahakari Bank Limited for its Panvel branch in Mumbai, Panvel, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Dombivli Nagari Sahakari Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DNSB0000022. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Dombivli Nagari Sahakari Bank Limited, Panvel, Mumbai

Here are the main details that are associated with the IFSC Code DNSB0000022 of Dombivli Nagari Sahakari Bank Limited for its branch located in Mumbai, within the district of Panvel in the state of Maharashtra.

Particulars Details
Bank Dombivli Nagari Sahakari Bank Limited
IFSC Code DNSB0000022
Branch Panvel
City Mumbai
District Panvel
State Maharashtra
Address 1, J.K.Plaza, 1St Floor, Nr. Ghanate Hospital, Shivaji Chowk, Panvel 410206

These details help users in online banking and for businesses and individuals who use Dombivli Nagari Sahakari Bank Limited in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DNSB0000022 for the Panvel branch of Dombivli Nagari Sahakari Bank Limited 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, along with Dombivli Nagari Sahakari Bank Limited located in Panvel, Mumbai, Maharashtra, are given a unique IFSC like DNSB0000022 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mumbai.
  • 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 Mumbai 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 Dombivli Nagari Sahakari Bank Limited in Panvel goes to the correct branch. This is important because Dombivli Nagari Sahakari Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code DNSB0000022

The format of the IFSC Code for banks, including Dombivli Nagari Sahakari Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Dombivli Nagari Sahakari Bank Limited, 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 Panvel in Mumbai.

For example, the IFSC Code DNSB0000022 of Dombivli Nagari Sahakari Bank Limited for the Panvel branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Dombivli Nagari Sahakari Bank Limited?

To find the IFSC Code DNSB0000022 of Dombivli Nagari Sahakari Bank Limited for its Panvel branch located in Mumbai, the following methods can help you out:

Cheque Book

The cheque book issued by Dombivli Nagari Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Dombivli Nagari Sahakari Bank Limited branches in Mumbai and Panvel, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Dombivli Nagari Sahakari Bank Limited and go to the branch locator section. Then search for Panvel or Mumbai to find the exact IFSC Code DNSB0000022.

Mobile Banking App

If you use Dombivli Nagari Sahakari Bank Limited'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 Dombivli Nagari Sahakari Bank Limited and Mumbai will provide accurate information.

How to Use IFSC Code DNSB0000022 for Online Transfers?

Once you have the IFSC Code DNSB0000022 for the Panvel branch of Dombivli Nagari Sahakari Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DNSB0000022. Transfers are processed in batches. This is 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. Requires the recipient's account details and Dombivli Nagari Sahakari Bank Limited IFSC Code DNSB0000022.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Dombivli Nagari Sahakari Bank Limited Panvel in Mumbai may result in delayed or failed transactions.

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 Dombivli Nagari Sahakari Bank Limited in Panvel, 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 Dombivli Nagari Sahakari Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Mumbai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Dombivli Nagari Sahakari Bank Limited in Panvel, Mumbai?

The IFSC Code is DNSB0000022.

Is the IFSC Code DNSB0000022 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Dombivli Nagari Sahakari Bank Limited Panvel?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Panvel branch?

The address of the branch is 1, J.K.Plaza, 1St Floor, Nr. Ghanate Hospital, Shivaji Chowk, Panvel 410206 located in Mumbai, Panvel, Maharashtra.

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.