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 Bidkin branch in Bidkin, 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 Bidkin or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DEOB0000026. 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, Bidkin, Bidkin
Here are the key points that are associated with the IFSC Code DEOB0000026 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its branch located in Bidkin, within the district of Aurangabad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000026 |
| Branch | Bidkin |
| City | Bidkin |
| District | Aurangabad |
| State | Maharashtra |
| Address | Plot No.1,Gut No.8,Savtanagar,Near Nilaggaon Phata,Bidkin Tq.Paithan Dist.Aurangabad |
These details helps users in online banking and for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Bidkin for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000026 for the Bidkin 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 that is provided by the Reserve Bank of India. A unique IFSC like DEOB0000026 is given to every bank branch, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Bidkin, Bidkin, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Deogiri Nagari Sahakari Bank Ltd. Aurangabad branch in Bidkin.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Bidkin and Aurangabad.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Bidkin doesn't end up at another location.
Format of the IFSC Code DEOB0000026
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 Bidkin in Bidkin.
For example, the IFSC Code DEOB0000026 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Bidkin branch has these elements, identifying the bank and the branch location in Bidkin and Maharashtra correctly.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
If you are trying to find the IFSC Code DEOB0000026 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Bidkin branch located in Bidkin, 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 Bidkin 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 Bidkin or Bidkin to get the exact IFSC Code DEOB0000026.
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 Bidkin, you'll get the correct details.
How to Use IFSC Code DEOB0000026 for Online Transfers?
Once you have the IFSC Code DEOB0000026 for the Bidkin branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Bidkin, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DEOB0000026. 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 DEOB0000026.
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 Bidkin in Bidkin, 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 Bidkin, 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 Bidkin to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000026.
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 Plot No.1,Gut No.8,Savtanagar,Near Nilaggaon Phata,Bidkin Tq.Paithan Dist.Aurangabad located in Bidkin, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.