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 Mayur Park 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 DEOB0000013. 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, Mayur Park, Aurangabad
The table below shows the main details of the IFSC Code DEOB0000013 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 | DEOB0000013 |
| Branch | Mayur Park |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Mayur Park Area,Jalgaon-Road,Aurangabad |
These details help users in online banking and for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000013 for the Mayur Park branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Mayur Park, Aurangabad, Maharashtra, is provided a unique IFSC like DEOB0000013 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Deogiri Nagari Sahakari Bank Ltd. Aurangabad branch in Aurangabad.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Aurangabad and Aurangabad.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Mayur Park do not get misguided to another person.
Format of the IFSC Code DEOB0000013
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 of this:
- First 4 characters (AAAA): Represent the bank code. For Deogiri Nagari Sahakari Bank Ltd. Aurangabad, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mayur Park in Aurangabad.
For example, the IFSC Code DEOB0000013 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Mayur Park 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?
If you are looking for the IFSC Code DEOB0000013 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Mayur Park branch located in Aurangabad, the following methods can help:
Cheque Book
The cheque book that is issued by Deogiri Nagari Sahakari Bank Ltd. Aurangabad includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the 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
You can visit the official website of Deogiri Nagari Sahakari Bank Ltd. Aurangabad and look for the branch locator section, then search for Mayur Park or Aurangabad to get the exact IFSC Code DEOB0000013.
Mobile Banking App
If you use Deogiri Nagari Sahakari Bank Ltd. Aurangabad's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Deogiri Nagari Sahakari Bank Ltd. Aurangabad and Aurangabad, then it will provide you proper information.
How to Use IFSC Code DEOB0000013 for Online Transfers?
Once you have the IFSC Code DEOB0000013 for the Mayur Park 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 DEOB0000013. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 DEOB0000013.
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 Mayur Park in Aurangabad, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Mayur Park, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Deogiri Nagari Sahakari Bank Ltd. Aurangabad website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Aurangabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mayur Park Aurangabad branch is DEOB0000013.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Mayur Park Area,Jalgaon-Road,Aurangabad.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.