Dmk Jaoli Bank Satara IFSC Code
Dmk Jaoli Bank
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Satara
Address
Pawar Tower Opp.kamani Haud,guruwar Peth ,satara City, Dist-satara. -415 002
View on Google MapsDistrict
Satara
State
Maharashtra
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Other Dmk Jaoli Bank Branches in Satara
4 nearby branches — click to view IFSC
Panchgani (sant Namdeo Road Panchgani C - 0008)
Dattatray Maharaj Kalambe Chowk,sant Namdeo Road,panchgani City, Tal Mahableshwardist Satara -421805
Medha (medha City - 0009)
Medha City, Tal Jaoli, Dist Satara - 415012
Wai (dharmapuri Kisanveer Chowk W - 0013)
Shree Commercial Complex,upper Gr.floor, Dharmapuri,kisanveer Chowk Wai City,dist-satara. -412 803.
Shirwal (floor Deshmukh Nagar Old St - 0019)
House No 1973,gound Floor,deshmukh Nagar, Old St Stand,shirwal,tal- Khandala, Dist Satara Pin-412801
Frequently Asked Questions
About Dmk Jaoli Bank Satara (pawar Tower Opp Kamani Haud - 0016), Satara
The IFSC code DMKJ0000016 (lowercase: dmkj0000016) belongs to Dmk Jaoli Bank, specifically the Satara (pawar Tower Opp Kamani Haud - 0016) branch located in Satara, Maharashtra.
The 5th character in the IFSC code DMKJ0000016 is a zero (0), not the letter 'O'. The correct format is DMKJ0000016 (lowercase: dmkj0000016), and not DMKJO000016. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Dmk Jaoli Bank Satara (pawar Tower Opp Kamani Haud - 0016) in Satara, Maharashtra is DMKJ0000016. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Dmk Jaoli Bank Satara (pawar Tower Opp Kamani Haud - 0016) is located at Pawar Tower Opp.kamani Haud,guruwar Peth ,satara City, Dist-satara. -415 002, Satara, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.
The MICR (Magnetic Ink Character Recognition) code of Dmk Jaoli Bank Satara (pawar Tower Opp Kamani Haud - 0016) is 415837001. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code DMKJ0000016 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code DMKJ0000016 by checking: (1) The top-left corner of any Dmk Jaoli Bank Satara (pawar Tower Opp Kamani Haud - 0016) cheque leaf, (2) The first page of your Dmk Jaoli Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: DMKJ0000016
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
DMKJ0000016
What Each Part Means
- Bank Code — DMKJ
- The first 4 characters uniquely identify Dmk Jaoli Bank at the national level. Every branch of Dmk Jaoli Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — 000016
- The final 6 characters 000016 uniquely identify this specific branch within the Dmk Jaoli Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | DMKJ | Identifies Dmk Jaoli Bank |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 000016 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Dmk Jaoli Bank
Satara (pawar Tower Opp Kamani Haud - 0016), Satara, Maharashtra
Cheque No.
00000016
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | DMKJ0000016 | 415837001 |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.