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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Hussainpur branch in Hussainpur, Aurangabad, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Hussainpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DEOB0000020. 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, Hussainpur, Hussainpur
The table below shows the main details of the IFSC Code DEOB0000020 for the Deogiri Nagari Sahakari Bank Ltd. Aurangabad branch in Hussainpur, which falls under the Aurangabad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000020 |
| Branch | Hussainpur |
| City | Hussainpur |
| District | Aurangabad |
| State | Maharashtra |
| Address | Dindayalnagar,Post.Hussainpur Tq.Dist.Aurangabad |
These details help users in online banking and for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Hussainpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000020 for the Hussainpur 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 that is provided by the Reserve Bank of India. A unique IFSC like DEOB0000020 is given to every bank branch, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Hussainpur, Hussainpur, 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 Hussainpur.
- 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 Hussainpur 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 Hussainpur doesn't end up at another location.
Format of the IFSC Code DEOB0000020
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 Hussainpur in Hussainpur.
For example, the IFSC Code DEOB0000020 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Hussainpur branch has these elements, identifying the bank and the branch location in Hussainpur and Maharashtra correctly.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
If you are trying to find the IFSC Code DEOB0000020 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Hussainpur branch located in Hussainpur, 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 Hussainpur 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 Hussainpur or Hussainpur to get the exact IFSC Code DEOB0000020.
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 Hussainpur, you'll get the correct details.
How to Use IFSC Code DEOB0000020 for Online Transfers?
If you have the IFSC Code DEOB0000020 for the Hussainpur branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Hussainpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DEOB0000020. 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 DEOB0000020.
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 Hussainpur in Hussainpur, 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 Hussainpur, 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 Hussainpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000020.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dindayalnagar,Post.Hussainpur Tq.Dist.Aurangabad located in Hussainpur, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.