Below are the complete branch details for Deposit Insurance and Credit Guarantee Corporation, branch, located in , MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is DICG0000002. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case DICG0000002 for Deposit Insurance and Credit Guarantee Corporation – — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, DICG0000002 is the IFSC of Deposit Insurance and Credit Guarantee Corporation's branch. The format is fixed: DICG = bank code, 0 = reserved, 000002 = branch identifier.
Branch details at a glance
| Bank Name | Deposit Insurance and Credit Guarantee Corporation |
|---|---|
| IFSC Code | DICG0000002 |
| MICR Code | Refer to cheque leaf |
| Branch Address | COB FORT |
| State | Maharashtra |
| Phone | 23019792 |
About Deposit Insurance and Credit Guarantee Corporation
Deposit Insurance and Credit Guarantee Corporation operates a wide network of branches across India, including the branch in . Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, DICG0000002.
About this branch
The branch is located at COB FORT. It serves the region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Deposit Insurance and Credit Guarantee Corporation. The IFSC DICG0000002 is used to identify this branch on the RBI payments network.
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 Deposit Insurance and Credit Guarantee Corporation's branch came to be assigned the code DICG0000002.
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 DICG0000002, money simply cannot be routed to the branch electronically.
How to transfer money using IFSC DICG0000002
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 DICG0000002 across all three.
NEFT to Deposit Insurance and Credit Guarantee Corporation, using IFSC DICG0000002
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 DICG0000002, and confirm that the system picks up Deposit Insurance and Credit Guarantee Corporation – . Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC DICG0000002
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 Deposit Insurance and Credit Guarantee Corporation – , ensure your bank's portal accepts IFSC DICG0000002 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Deposit Insurance and Credit Guarantee Corporation – , use IMPS. With IFSC DICG0000002 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC DICG0000002 for Deposit Insurance and Credit Guarantee Corporation – , but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – DICG0000002 | Yes – DICG0000002 | Yes – DICG0000002 |
For most retail customers crediting the branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Deposit Insurance and Credit Guarantee Corporation's branch, the IFSC DICG0000002 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the branch is mapped to IFSC DICG0000002 on the RBI payments network. The branch generally supports the full retail product catalogue of Deposit Insurance and Credit Guarantee Corporation, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains DICG0000002.
Products and services
Customers walking into the branch can access most of Deposit Insurance and Credit Guarantee Corporation'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 DICG0000002
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Deposit Insurance and Credit Guarantee Corporation carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC DICG0000002 and the account number together uniquely identify the branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC DICG0000002
Deposit Insurance and Credit Guarantee Corporation customers can register for net banking and the bank's official mobile app once their account at the 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 DICG0000002 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.
Common mistakes to avoid when using IFSC DICG0000002
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 Deposit Insurance and Credit Guarantee Corporation – , 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:
DICG0000002. - 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.
Reaching the branch
The branch sits at COB FORT. If you are travelling from outside , search for the branch on a maps application using the bank name and locality, or call 23019792 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC DICG0000002 and your account number.
Verifying IFSC DICG0000002 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 DICG0000002 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 23019792.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC DICG0000002, however, work 24x7.
Branch address & contact
Deposit Insurance and Credit Guarantee CorporationBranch
COB FORT
, Maharashtra
Phone: 23019792
IFSC: DICG0000002
Frequently asked questions
Is IFSC DICG0000002 the same for all accounts at branch?
Yes. The IFSC DICG0000002 is shared by every account held at Deposit Insurance and Credit Guarantee Corporation's branch. Only the account number changes from customer to customer.
Does Deposit Insurance and Credit Guarantee Corporation branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 23019792 to confirm.
Where is Deposit Insurance and Credit Guarantee Corporation branch located?
Deposit Insurance and Credit Guarantee Corporation's branch is located at COB FORT, , Maharashtra.
How quickly will an NEFT transfer using DICG0000002 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Deposit Insurance and Credit Guarantee Corporation – reflect within 30 minutes.
Is IFSC DICG0000002 valid for NEFT and RTGS?
Yes. IFSC DICG0000002 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC DICG0000002 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC DICG0000002 to send funds instantly.
How do I add Deposit Insurance and Credit Guarantee Corporation as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC DICG0000002, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Deposit Insurance and Credit Guarantee Corporation branch?
The IFSC code of Deposit Insurance and Credit Guarantee Corporation, branch is DICG0000002. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code DICG0000002 belongs to Deposit Insurance and Credit Guarantee Corporation's branch, located at COB FORT in , MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
