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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Shahagad branch in Shahagad, Jalna, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Shahagad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DEOB0000027. 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, Shahagad, Shahagad
Here are the main details that are associated with the IFSC Code DEOB0000027 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its branch located in Shahagad, within the district of Jalna in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Deogiri Nagari Sahakari Bank Ltd. Aurangabad |
| IFSC Code | DEOB0000027 |
| Branch | Shahagad |
| City | Shahagad |
| District | Jalna |
| State | Maharashtra |
| Address | S.No.2,Aurangabad-Solapur Highway,Shahagad Tq.Ambad Dist.Jalna |
These details helps users in online banking and for businesses and individuals who use Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Shahagad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DEOB0000027 for the Shahagad 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 DEOB0000027 is given to every bank branch, including Deogiri Nagari Sahakari Bank Ltd. Aurangabad located in Shahagad, Shahagad, 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 Shahagad.
- 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 Shahagad and Jalna.
- 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 Shahagad doesn't end up at another location.
Format of the IFSC Code DEOB0000027
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 of this:
- First 4 characters (AAAA): Represent the bank code. For Deogiri Nagari Sahakari Bank Ltd. Aurangabad, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shahagad in Shahagad.
For example, the IFSC Code DEOB0000027 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for the Shahagad branch includes these elements, identifying the bank and the branch location in Shahagad and Maharashtra accurately.
How to Find IFSC Code for Deogiri Nagari Sahakari Bank Ltd. Aurangabad?
If you are trying to find the IFSC Code DEOB0000027 of Deogiri Nagari Sahakari Bank Ltd. Aurangabad for its Shahagad branch located in Shahagad, 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 Shahagad and Jalna, 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 Shahagad or Shahagad to get the exact IFSC Code DEOB0000027.
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 Shahagad, you'll get the correct details.
How to Use IFSC Code DEOB0000027 for Online Transfers?
If you have the IFSC Code DEOB0000027 for the Shahagad branch of Deogiri Nagari Sahakari Bank Ltd. Aurangabad in Shahagad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DEOB0000027. 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 DEOB0000027.
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 Shahagad in Shahagad, it may result in delayed or failed transactions.
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 Shahagad, 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 Shahagad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DEOB0000027.
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 S.No.2,Aurangabad-Solapur Highway,Shahagad Tq.Ambad Dist.Jalna located in Shahagad, Jalna, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.