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 Gangapur branch in Gangapur, 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 Gangapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DEOB0000029. 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, Gangapur, Gangapur
Here are the key points that are associated with the IFSC Code DEOB0000029 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its branch located in Gangapur, within the district of Aurangabad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000029 |
| Branch | Gangapur |
| City | Gangapur |
| District | Aurangabad |
| State | Maharashtra |
| Address | Milkat No.240/8,Ward No.10,Aurangabad-Road,Lasur Naka,Gangapur Dist.Aurangabad |
These details are crucial, not just for online banking users but also for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Gangapur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000029 for the Gangapur branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad has 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, along with Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Gangapur, Gangapur, Maharashtra, are given a unique IFSC like DEOB0000029 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gangapur.
- 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 Gangapur 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 Gangapur 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 DEOB0000029
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 Gangapur in Gangapur.
For example, the IFSC Code DEOB0000029 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Gangapur branch includes these elements, identifying the bank and the branch location in Gangapur and Maharashtra correctly.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
To find the IFSC Code DEOB0000029 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Gangapur branch located in Gangapur, 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 Gangapur 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 Gangapur or Gangapur to find the exact IFSC Code DEOB0000029.
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 Gangapur will provide accurate information.
How to Use IFSC Code DEOB0000029 for Online Transfers?
Once you have the IFSC Code DEOB0000029 for the Gangapur branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Gangapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DEOB0000029. 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 DEOB0000029.
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 Gangapur in Gangapur, your payment can get delayed or might not go through at all.
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 Gangapur, 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 Gangapur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000029.
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 Milkat No.240/8,Ward No.10,Aurangabad-Road,Lasur Naka,Gangapur Dist.Aurangabad located in Gangapur, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.