Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Satara Parisar branch in Aurangabad, Aurangabad, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the 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 DEOB0000015. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad, Satara Parisar, Aurangabad
The table below shows the main details of the IFSC Code DEOB0000015 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 | DEOB0000015 |
| Branch | Satara Parisar |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Patil Plaza,Near Mhaske Petrol Pump,Beed-By Pass Road,Aurangabad |
These details helps 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 DEOB0000015 for the Satara Parisar branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad plays a vital 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 Satara Parisar, Aurangabad, Maharashtra, are given a unique IFSC like DEOB0000015 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 Satara Parisar 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 DEOB0000015
The format of the IFSC Code for banks, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Deogiri Nagari Sahakari Bank Ltd. Aurangabad, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Satara Parisar in Aurangabad.
For example, the IFSC Code DEOB0000015 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Satara Parisar branch includes 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?
To find the IFSC Code DEOB0000015 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Satara Parisar 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 Satara Parisar or Aurangabad to find the exact IFSC Code DEOB0000015.
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 DEOB0000015 for Online Transfers?
Once you have the IFSC Code DEOB0000015 for the Satara Parisar 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 DEOB0000015. 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 DEOB0000015.
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 Satara Parisar 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 Satara Parisar, 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 DEOB0000015.
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 Patil Plaza,Near Mhaske Petrol Pump,Beed-By Pass Road,Aurangabad located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.