IFSC Code, MICR Codes for DENA BANK in MAHARASHTRA - AURANGABAD - LOHAGAON BK - LOHEGAON

DENA BANK RTGS HO Branch in LOHAGAON BK - Address, IFSC, MICR Code


IFSC Code

BKDN0511061

MICR Code

NA

Branch

LOHEGAON

Contact

0

Address

TAL.PAITHAN DIST.AURANGABAD LOHEGAON MAHARASHTRA

City

LOHAGAON BK

District

AURANGABAD

State

MAHARASHTRA





What is IFSC Code of DENA BANK situated at LOHEGAON- RTGS-HO?
IFSC Code of DENA BANK situated at LOHEGAON - RTGS-HO is

BKDN0511061

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.