Deogiri Nagari Sahakari Bank Aurangabad
AMBAD CHAUFULI BRANCH
+9124822234121
Understanding IFSC Code: The Digital DNA of Deogiri Nagari Sahakari Bank Aurangabad
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the AMBAD CHAUFULI
branch of Deogiri Nagari Sahakari Bank Aurangabad, the code DEOB0000035 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the DEOB0000035 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"DEOB" represents Deogiri Nagari Sahakari Bank Aurangabad
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for AMBAD CHAUFULI
Payment Systems Supported by DEOB0000035
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code——is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Deogiri Nagari Sahakari Bank Aurangabad in JALNA typically follows the RBI holiday calendar. Digital transfers via DEOB0000035 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While DEOB0000035 is the valid code for AMBAD CHAUFULI at JALNA, ensure the beneficiary name matches perfectly in your mobile banking app.
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Financial Tools
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Branch Context
- • AMBAD CHAUFULI Contact
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Platform Links
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