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 Shivajinagar 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 DEOB0000012. 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, Shivajinagar, Aurangabad
Here are some of the key details that come with the IFSC Code DEOB0000012 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 | DEOB0000012 |
| Branch | Shivajinagar |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Disha Square,Opp.Sut Girni,Garkheda Parisar,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 DEOB0000012 for the Shivajinagar 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, 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 Shivajinagar, Aurangabad, Maharashtra, are given a unique IFSC like DEOB0000012 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 Shivajinagar 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 DEOB0000012
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 Shivajinagar in Aurangabad.
For example, the IFSC Code DEOB0000012 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Shivajinagar 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 DEOB0000012 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Shivajinagar 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 Shivajinagar or Aurangabad to get the exact IFSC Code DEOB0000012.
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 DEOB0000012 for Online Transfers?
If you have the IFSC Code DEOB0000012 for the Shivajinagar branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Aurangabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DEOB0000012. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Deogiri Nagari Sahakari Bank Ltd. Aurangabad IFSC Code DEOB0000012.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad Shivajinagar in Aurangabad, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Shivajinagar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Aurangabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000012.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Disha Square,Opp.Sut Girni,Garkheda Parisar,Aurangabad located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.