The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Jawahar Colony branch in Aurangabad, Aurangabad, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed 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 DEOB0000003. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad, Jawahar Colony, Aurangabad
Below in the table are the key details related to IFSC Code DEOB0000003 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its branch located in Aurangabad, within the district of Aurangabad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000003 |
| Branch | Jawahar Colony |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Cts.No.15855/2/9,Near Vedant Gruhkul,New Shreyanagar,Aurangabad |
These details are essential not only for online banking users but also for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Aurangabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000003 for the Jawahar Colony branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad plays 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, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Jawahar Colony, Aurangabad, Maharashtra, is provided with a unique IFSC like DEOB0000003 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Deogiri Nagari Sahakari Bank Ltd. Aurangabad branch in Aurangabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Aurangabad and Aurangabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Jawahar Colony do not get mixed with another location.
Format of the IFSC Code DEOB0000003
This is the format of the IFSC Code for banks, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Deogiri Nagari Sahakari Bank Ltd. Aurangabad, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Jawahar Colony in Aurangabad.
For example, the IFSC Code DEOB0000003 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Jawahar Colony branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
To find the IFSC Code DEOB0000003 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Jawahar Colony branch located in Aurangabad, the following methods can help you out:
Cheque Book
The cheque book issued by Deogiri Nagari Sahakari Bank Ltd. Aurangabad includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad branches in Aurangabad and Aurangabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Deogiri Nagari Sahakari Bank Ltd. Aurangabad and go to the branch locator section. Then search for Jawahar Colony or Aurangabad to find the exact IFSC Code DEOB0000003.
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 maintains an updated database of all IFSC codes. Searching for Deogiri Nagari Sahakari Bank Ltd. Aurangabad and Aurangabad will provide accurate information.
How to Use IFSC Code DEOB0000003 for Online Transfers?
Once you have the IFSC Code DEOB0000003 for the Jawahar Colony 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 DEOB0000003. 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 DEOB0000003.
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 Jawahar Colony 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 Jawahar Colony, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Aurangabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000003.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Cts.No.15855/2/9,Near Vedant Gruhkul,New Shreyanagar,Aurangabad located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.