IFSC Code of Deogiri Nagari Sahakari Bank Limited Aurangabad, Shahagad Branch, Maharashtra

If you are searching for the IFSC code of Deogiri Nagari Sahakari Bank Limited Aurangabad, SHAHAGAD branch in SHAHAGAD, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is DEOB0000027. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SHAHAGAD branch, and detailed step-by-step guides for using the IFSC DEOB0000027 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, DEOB0000027 is the IFSC of Deogiri Nagari Sahakari Bank Limited Aurangabad's SHAHAGAD branch. The format is fixed: DEOB = bank code, 0 = reserved, 000027 = branch identifier.

Bank profile

Deogiri Nagari Sahakari Bank Limited Aurangabad is among the recognised banks listed on the Reserve Bank of India's payments network. The Shahagad branch — IFSC DEOB0000027 — extends the bank's services to customers in and around Shahagad, Maharashtra.

Branch details at a glance

Shahagad branch overview

Located at S.NO.2,AURANGABAD-SOLAPUR HIGHWAY,SHAHAGAD TQ.AMBAD DIST.JALNA, the Shahagad branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC DEOB0000027 is required for all interbank electronic transfers routed through this branch.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Deogiri Nagari Sahakari Bank Limited Aurangabad's SHAHAGAD branch came to be assigned the code DEOB0000027.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC DEOB0000027, money simply cannot be routed to the SHAHAGAD branch electronically.

Account types you can open at the Shahagad branch

Once you have an account at Deogiri Nagari Sahakari Bank Limited Aurangabad – SHAHAGAD, the IFSC DEOB0000027 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Shahagad branch can access most of Deogiri Nagari Sahakari Bank Limited Aurangabad's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC DEOB0000027

How to transfer money using IFSC DEOB0000027

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC DEOB0000027 across all three.

NEFT to Deogiri Nagari Sahakari Bank Limited Aurangabad, SHAHAGAD using IFSC DEOB0000027

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC DEOB0000027, and confirm that the system picks up Deogiri Nagari Sahakari Bank Limited Aurangabad – SHAHAGAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC DEOB0000027

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Deogiri Nagari Sahakari Bank Limited Aurangabad – SHAHAGAD, ensure your bank's portal accepts IFSC DEOB0000027 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Deogiri Nagari Sahakari Bank Limited Aurangabad SHAHAGAD (IFSC DEOB0000027)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC DEOB0000027 in your mobile or internet banking app, and the money is credited to the SHAHAGAD branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Shahagad

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC DEOB0000027:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at SHAHAGAD is still linked to IFSC DEOB0000027.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC DEOB0000027

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Deogiri Nagari Sahakari Bank Limited Aurangabad – SHAHAGAD is still mapped to IFSC DEOB0000027. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC DEOB0000027 and the beneficiary's account number to complete the transfer.

Online banking and IFSC DEOB0000027

Deogiri Nagari Sahakari Bank Limited Aurangabad customers can register for net banking and the bank's official mobile app once their account at the SHAHAGAD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC DEOB0000027 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR & cheque-truncation details

Cheques drawn on the Shahagad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC DEOB0000027 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC DEOB0000027

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Deogiri Nagari Sahakari Bank Limited Aurangabad – SHAHAGAD, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: DEOB0000027.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Shahagad branch

The branch is located at S.NO.2,AURANGABAD-SOLAPUR HIGHWAY,SHAHAGAD TQ.AMBAD DIST.JALNA, which puts it inside Shahagad, the broader Jalna district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Deogiri Nagari Sahakari Bank Limited Aurangabad Shahagad branch” — the verified location pin for IFSC DEOB0000027 should appear at the top of the results.
2. Confirm the branch is open by calling 240-2240212 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC DEOB0000027 and your account number.

Verifying IFSC DEOB0000027 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm DEOB0000027 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 240-2240212.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Shahagad are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to DEOB0000027 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: DEOB0000027 is the IFSC code of Deogiri Nagari Sahakari Bank Limited Aurangabad, SHAHAGAD branch, in SHAHAGAD, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.