Dhanlaxmi Bank — SALEM

SALEM, TAMIL NADU

IFSC Code

DLXB0000107

MICR Code

636048002

Branch

SALEM

Bank

Dhanlaxmi Bank

District

SALEM

State

TAMIL NADU

Contact

+914276540546

Address

77, 1ST FLOOR, ORIENTAL SHOPPING COMPLEX A A STREET, SALEM - 1. T.N

Get Directions to This Branch

Using IFSC DLXB0000107 for money transfers

NEFT transfers to SALEM, one of Dhanlaxmi Bank's branches in SALEM, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches SALEM almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to SALEM clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to SALEM: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting SALEM In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Follow these steps to transfer money into an account held at SALEM:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code DLXB0000107 when prompted — this routes the transfer to SALEM specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Dhanlaxmi Bank SALEM branch?

The IFSC code for Dhanlaxmi Bank's SALEM branch in SALEM, TAMIL NADU is DLXB0000107. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 636048002. MICR codes are used for cheque clearing, while the IFSC code (DLXB0000107) is what's needed for electronic transfers like NEFT and RTGS.

Where is the SALEM branch of Dhanlaxmi Bank located?

This branch is located at: 77, 1ST FLOOR, ORIENTAL SHOPPING COMPLEX A A STREET, SALEM - 1. T.N. It falls under SALEM district, TAMIL NADU.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (DLXB0000107) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +914276540546.

Dhanlaxmi Bank in other districts of TAMIL NADU

CHENNAI (10)COIMBATORE (4)ADIRAMAPATTINAM (1)CHIDAMBARAM (1)DINDIGUL (1)ERODE (1)HOSUR (1)K.V.KUPPAM (1)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.