Dena Bank IFSC Code, MICR Code, Address, Contact Number for the Beed Branch in Maharashtra
Dena Bank Beed Branch is situated in Aurangabad, Maharashtra
IFSC Code for Dena Bank Beed Branch, Aurangabad
BKDN0511216
- Bank Name: Dena Bank
- Bank Old IFSC Code: N/A
- Bank New IFSC Code: BKDN0511216
- Bank MICR Code: NA
- Bank Address: 6 By 10,Sagar High Opp Beed Bus Stand Aurangabad,Sdapur Highway Beed 431122
- Bank Branch: Beed
- Bank District: Aurangabad
- Bank State: Maharashtra
- Bank City: Aurangabad
About IFSC Codes in India
IFSC stands for Indian Financial System Code. It is a unique 11-digit alphanumeric code assigned to each bank branch in India by the Reserve Bank of India (RBI). It is used for electronic funds transfer using NEFT, RTGS, and IMPS.
Components of IFSC Code:
- First four characters: Bank code
- Fifth character: Always 0
- Last six characters: Branch identifier
About MICR Codes
MICR stands for Magnetic Ink Character Recognition and is printed on cheques to streamline processing.
- First three digits: City code
- Next three digits: Bank code
- Last three digits: Branch code