Use this page as a one-stop reference for everything related to DMK Jaoli Bank's GOLDEVAL branch in MUMBAI, MAHARASHTRA. The branch's IFSC code DMKJ0000002 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for DMK Jaoli Bank – GOLDEVAL is DMKJ0000002. The first four letters DMKJ are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000002 map to this branch in MUMBAI, MAHARASHTRA.
About DMK Jaoli Bank
DMK Jaoli Bank operates a wide network of branches across India, including the Goldeval branch in Mumbai. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, DMKJ0000002.
Goldeval branch overview
Located at 418-20, MAULANA AZAD ROAD,NEAR ROUND TEMPLE, MUMBAI- 400 004, the Goldeval branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC DMKJ0000002 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | DMK Jaoli Bank |
|---|---|
| Branch | Goldeval |
| IFSC Code | DMKJ0000002 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 418-20, MAULANA AZAD ROAD,NEAR ROUND TEMPLE, MUMBAI- 400 004 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 23822772 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how DMK Jaoli Bank's GOLDEVAL branch came to be assigned the code DMKJ0000002.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC DMKJ0000002, money simply cannot be routed to the GOLDEVAL branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by DMK Jaoli Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC DMKJ0000002 and the account number together uniquely identify the Goldeval branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC DMKJ0000002
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC DMKJ0000002 across all three.
How to use IFSC DMKJ0000002 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to DMK Jaoli Bank's GOLDEVAL branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC DMKJ0000002.
- Confirm the bank name auto-populates as DMK Jaoli Bank and the branch as GOLDEVAL.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC DMKJ0000002
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to DMK Jaoli Bank – GOLDEVAL, ensure your bank's portal accepts IFSC DMKJ0000002 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to DMK Jaoli Bank – GOLDEVAL, use IMPS. With IFSC DMKJ0000002 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC DMKJ0000002 for DMK Jaoli Bank – GOLDEVAL, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – DMKJ0000002 | Yes – DMKJ0000002 | Yes – DMKJ0000002 |
For most retail customers crediting the Goldeval branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC DMKJ0000002
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at DMK Jaoli Bank – GOLDEVAL is still mapped to IFSC DMKJ0000002. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC DMKJ0000002 and the beneficiary's account number to complete the transfer.
Account types you can open at the Goldeval branch
Once you have an account at DMK Jaoli Bank – GOLDEVAL, the IFSC DMKJ0000002 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Goldeval branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-23822772.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC DMKJ0000002
Online banking and IFSC DMKJ0000002
DMK Jaoli Bank customers can register for net banking and the bank's official mobile app once their account at the GOLDEVAL branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC DMKJ0000002 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Goldeval branch sits at 418-20, MAULANA AZAD ROAD,NEAR ROUND TEMPLE, MUMBAI- 400 004. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-23822772 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC DMKJ0000002 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to DMK Jaoli Bank – GOLDEVAL:
- The IFSC is exactly DMKJ0000002 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills DMK Jaoli Bank as the bank name and GOLDEVAL as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Working hours
Branch counters at Goldeval are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to DMKJ0000002 continue to work without interruption.
Verifying IFSC DMKJ0000002 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm DMKJ0000002 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22-23822772.
- Visiting the bank's official branch locator page.
Branch address & contact
DMK Jaoli BankGoldeval Branch
418-20, MAULANA AZAD ROAD,NEAR ROUND TEMPLE, MUMBAI- 400 004
Mumbai, Maharashtra
Phone: 22-23822772
IFSC: DMKJ0000002
Frequently asked questions
How quickly will an NEFT transfer using DMKJ0000002 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to DMK Jaoli Bank – Goldeval reflect within 30 minutes.
Is IFSC DMKJ0000002 the same for all accounts at Goldeval branch?
Yes. The IFSC DMKJ0000002 is shared by every account held at DMK Jaoli Bank's Goldeval branch. Only the account number changes from customer to customer.
Where is DMK Jaoli Bank Goldeval branch located?
DMK Jaoli Bank's Goldeval branch is located at 418-20, MAULANA AZAD ROAD,NEAR ROUND TEMPLE, MUMBAI- 400 004, Mumbai, Maharashtra.
What is the IFSC code of DMK Jaoli Bank Goldeval branch?
The IFSC code of DMK Jaoli Bank, Goldeval branch is DMKJ0000002. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does DMK Jaoli Bank Goldeval branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-23822772 to confirm.
Is IFSC DMKJ0000002 valid for NEFT and RTGS?
Yes. IFSC DMKJ0000002 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add DMK Jaoli Bank Goldeval as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC DMKJ0000002, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code DMKJ0000002 belongs to DMK Jaoli Bank's GOLDEVAL branch, located at 418-20, MAULANA AZAD ROAD,NEAR ROUND TEMPLE, MUMBAI- 400 004 in MUMBAI, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
