Village have very ancient Lord Shiva temple, Hanuman Temple and Khandoba temple and also have good statue of Maratha Emperor Chatrapati Shivaji Maharaj at entry of village. It is situated near Painganga River; it is a big river of Washim district. Deulagaon Banda used to have very big fair in January month for one months period. In fair people used to enjoy purchase and shopping of all necessary goods as well as luxuries goods. People used to purchase Bullock pairs, bullock-carts, horses, farm implements, clothes, vessels and necessary items. People used to visit this place on Poornima (full moon day) in January on huge basis from very far places and from other districts like Buldhana, Hingoli, Parbhani and Akola. Many theatres and Tamasha's used to come in fair. It was like a big festival for villagers and regions people. Many types of sports competition used to have in fair like Kabbadi, Wrestling, Shankar Pats, Volleyball and in recent days cricket also.

Deulgaon Banda is Group Gram-Panchayat (combined with Pedgaon), head quarter in Deulgaon Banda, it is a politically impaortant place for Vidhan sabha. Deulgaon has 2000 population with similar Male: Female ratio. Village have good politicians also like Himmatrao Sarnaik and Vithalrao Sarnaik.

This is a highly educative village, where 4 persons have P.hD in agriculture in old days currently the number is more. Agriculture graduate and post graduate students are more in the village like Prashant Himmatrao Sarnaik, M.Sc. (Agri.) in Agronomy; he works in multinational company in Delhi. Two - three people are Class-one officers and many are doctor, Engineers. And couple of people including girls also in abroad for job.