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 Paithan branch in Paithan, 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 Paithan or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DEOB0000030. 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, Paithan, Paithan
Here are the main details that are associated with the IFSC Code DEOB0000030 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its branch located in Paithan, within the district of Aurangabad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000030 |
| Branch | Paithan |
| City | Paithan |
| District | Aurangabad |
| State | Maharashtra |
| Address | Opp.Court,Paithan Road,Paithan 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 Paithan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000030 for the Paithan 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 that is provided by the Reserve Bank of India. A unique IFSC like DEOB0000030 is given to every bank branch, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Paithan, Paithan, 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 Paithan.
- 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 Paithan 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 Paithan doesn't end up at another location.
Format of the IFSC Code DEOB0000030
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 Paithan in Paithan.
For example, the IFSC Code DEOB0000030 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Paithan branch includes these elements, identifying the bank and the branch location in Paithan and Maharashtra accurately.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
If you are looking for the IFSC Code DEOB0000030 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Paithan branch located in Paithan, 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 Paithan 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 Paithan or Paithan to get the exact IFSC Code DEOB0000030.
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 Paithan, then it will provide you proper information.
How to Use IFSC Code DEOB0000030 for Online Transfers?
Once you have the IFSC Code DEOB0000030 for the Paithan branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Paithan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DEOB0000030. 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 DEOB0000030.
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 Paithan in Paithan, 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 Paithan, 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 Paithan manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Paithan Paithan branch is DEOB0000030.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Opp.Court,Paithan Road,Paithan Dist.Aurangabad.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.