IFSC Code of DMK Jaoli Bank, Koparkhairane Branch, Maharashtra

If you are searching for the IFSC code of DMK Jaoli Bank, KOPARKHAIRANE branch in NAVI MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is DMKJ0000020. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the KOPARKHAIRANE branch, and detailed step-by-step guides for using the IFSC DMKJ0000020 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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 – KOPARKHAIRANE is DMKJ0000020. The first four letters DMKJ are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000020 map to this branch in NAVI MUMBAI, MAHARASHTRA.

Branch details at a glance

Bank profile

DMK Jaoli Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Koparkhairane branch — IFSC DMKJ0000020 — extends the bank's services to customers in and around Navi Mumbai, Maharashtra.

About the Koparkhairane branch

The Koparkhairane branch of DMK Jaoli Bank is situated at SHREE RAVECHI APPT. GROUND FLOOR,SHOP NO- 1& 2,PLOT NO-14/15, SECTOR NO. 20, KOPARKHAIRANE, NAVI MUMBAI -400709.. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code DMKJ0000020 is used.

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 KOPARKHAIRANE branch came to be assigned the code DMKJ0000020.

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 DMKJ0000020, money simply cannot be routed to the KOPARKHAIRANE branch electronically.

How to transfer money using IFSC DMKJ0000020

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 DMKJ0000020 across all three.

How to use IFSC DMKJ0000020 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to DMK Jaoli Bank's KOPARKHAIRANE 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC DMKJ0000020.
4. Confirm the bank name auto-populates as DMK Jaoli Bank and the branch as KOPARKHAIRANE.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC DMKJ0000020

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 – KOPARKHAIRANE, ensure your bank's portal accepts IFSC DMKJ0000020 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to DMK Jaoli Bank – KOPARKHAIRANE, use IMPS. With IFSC DMKJ0000020 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 DMKJ0000020 for DMK Jaoli Bank – KOPARKHAIRANE, 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.

For most retail customers crediting the Koparkhairane 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 DMKJ0000020

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 – KOPARKHAIRANE is still mapped to IFSC DMKJ0000020. 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 DMKJ0000020 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Koparkhairane branch is mapped to IFSC DMKJ0000020 on the RBI payments network. The branch generally supports the full retail product catalogue of DMK Jaoli Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains DMKJ0000020.

Banking services available

The Koparkhairane branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-27547271.

• 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 DMKJ0000020

MICR & cheque-truncation details

Cheques drawn on the Koparkhairane branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC DMKJ0000020 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Koparkhairane branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC DMKJ0000020 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Common mistakes to avoid when using IFSC DMKJ0000020

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to DMK Jaoli Bank – KOPARKHAIRANE, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: DMKJ0000020.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Koparkhairane branch

The branch is located at SHREE RAVECHI APPT. GROUND FLOOR,SHOP NO- 1& 2,PLOT NO-14/15, SECTOR NO. 20, KOPARKHAIRANE, NAVI MUMBAI -400709., which puts it inside Navi Mumbai, the broader Thane district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “DMK Jaoli Bank Koparkhairane branch” — the verified location pin for IFSC DMKJ0000020 should appear at the top of the results.
2. Confirm the branch is open by calling 22-27547271 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC DMKJ0000020 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC DMKJ0000020 for DMK Jaoli Bank – KOPARKHAIRANE, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Koparkhairane 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 DMKJ0000020 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: DMKJ0000020 is the IFSC code of DMK Jaoli Bank, KOPARKHAIRANE branch, in NAVI MUMBAI, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.