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 Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Gulmandi branch in Aurangabad, Aurangabad, 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 Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DEOB0000008. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad, Gulmandi, Aurangabad
The table below shows the main details of the IFSC Code DEOB0000008 for the Deogiri Nagari Sahakari Bank Ltd. Aurangabad branch in Aurangabad, which falls under the Aurangabad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000008 |
| Branch | Gulmandi |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Balkrishna Maharaj Mandir Bldg.Near Z.P.Office,Aurangpura,Aurangabad |
These details are crucial, not just for online banking users but also for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Aurangabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000008 for the Gulmandi branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad has an 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 Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Gulmandi, Aurangabad, Maharashtra, are given a unique IFSC like DEOB0000008 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aurangabad.
- 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 Aurangabad and Aurangabad.
- 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 Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Gulmandi goes to the correct branch. This is important because Deogiri Nagari Sahakari Bank Ltd. Aurangabad 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 DEOB0000008
The format of the IFSC Code for banks, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Deogiri Nagari Sahakari Bank Ltd. Aurangabad, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Gulmandi in Aurangabad.
For example, the IFSC Code DEOB0000008 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Gulmandi branch has these elements, identifying the bank and the branch location in Aurangabad and Maharashtra correctly.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
If you are trying to find the IFSC Code DEOB0000008 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Gulmandi branch located in Aurangabad, the following methods can help:
Cheque Book
The cheque book issued by Deogiri Nagari Sahakari Bank Ltd. Aurangabad includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad branches in Aurangabad and Aurangabad, print them on the first page of your passbook.
Bank Website
Visit the official website of Deogiri Nagari Sahakari Bank Ltd. Aurangabad and navigate to the branch locator section. Search for Gulmandi or Aurangabad to get the exact IFSC Code DEOB0000008.
Mobile Banking App
If you use Deogiri Nagari Sahakari Bank Ltd. Aurangabad's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Deogiri Nagari Sahakari Bank Ltd. Aurangabad and Aurangabad, you'll get the correct details.
How to Use IFSC Code DEOB0000008 for Online Transfers?
Once you have the IFSC Code DEOB0000008 for the Gulmandi branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Aurangabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DEOB0000008. The transfer is completed in batches instead of instantly. It is useful for both 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 Deogiri Nagari Sahakari Bank Ltd. Aurangabad IFSC Code DEOB0000008.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Deogiri Nagari Sahakari Bank Ltd. Aurangabad Gulmandi in Aurangabad, your payment can get delayed or might not go through at all.
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 Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Gulmandi, 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 Deogiri Nagari Sahakari Bank Ltd. Aurangabad website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Aurangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000008.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Balkrishna Maharaj Mandir Bldg.Near Z.P.Office,Aurangpura,Aurangabad located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.