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 Phulambri branch in Phulambri, 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 Phulambri or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DEOB0000025. 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, Phulambri, Phulambri
Here are some of the key details that come with the IFSC Code DEOB0000025 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its branch located in Phulambri, within the district of Aurangabad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000025 |
| Branch | Phulambri |
| City | Phulambri |
| District | Aurangabad |
| State | Maharashtra |
| Address | Hl.55Jh-Dhlbd.Bd. |
These details are essential not only for online banking users but also for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Phulambri for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000025 for the Phulambri branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Phulambri, Phulambri, Maharashtra, is provided a unique IFSC like DEOB0000025 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Deogiri Nagari Sahakari Bank Ltd. Aurangabad branch in Phulambri.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Phulambri and Aurangabad.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Phulambri do not get misguided to another person.
Format of the IFSC Code DEOB0000025
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 Phulambri in Phulambri.
For example, the IFSC Code DEOB0000025 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Phulambri branch includes these elements, identifying the bank and the branch location in Phulambri and Maharashtra accurately.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
If you are trying to find the IFSC Code DEOB0000025 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Phulambri branch located in Phulambri, the following methods can help:
Cheque Book
The cheque books that are issued by Deogiri Nagari Sahakari Bank Ltd. Aurangabad include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad branches in Phulambri 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 find the branch locator section. Search for Phulambri or Phulambri to get the exact IFSC Code DEOB0000025.
Mobile Banking App
If you use Deogiri Nagari Sahakari Bank Ltd. Aurangabad's mobile app, you can easily 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 to help you in searching for Deogiri Nagari Sahakari Bank Ltd. Aurangabad and Phulambri that will provide accurate information.
How to Use IFSC Code DEOB0000025 for Online Transfers?
If you have the IFSC Code DEOB0000025 for the Phulambri branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Phulambri, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DEOB0000025. 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 DEOB0000025.
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 Phulambri in Phulambri, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Phulambri, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Deogiri Nagari Sahakari Bank Ltd. Aurangabad website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Phulambri manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000025.
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 Hl.55Jh-Dhlbd.Bd. located in Phulambri, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.