Dena Bank IFSC Code is an 11 digit alphanumeric code, which is specially designed to identify a particular Dena Bank’s branch. This helps the Reserve Bank of India to keep a track of fund transfer on a regular basis. Moreover, it helps in electronic payment modes such as NEFT, RTGS, or IMPS.
Dena Bank IFSC Code Format
The IFSC Code of Dena Bank Andheri West (Mumbai) branch is BKDN0460043.
- In IFSC Code of Dena Bank, the first 4 characters (BKDN) stand for the ‘Bank Name’
- The fifth character is ‘0’ which is the same for all banks
- The last 6 characters (0460043) stands for the Dena Bank ‘Branch Code’
|Dena Bank Code||Zero||Dena Bank's Branch Code|
How does Dena Bank IFSC Code work?
The customers when need to transfer funds to a particular Dena Bank payee are required to provide details such as the name of the payee, account number, IFSC code of the beneficiary's bank account, and fund transfer amount.
Once the customer provides all these details, he/she will be able to transfer funds to the beneficiary easily as the IFSC code will help to avoid errors in such transactions by locating the correct receiving bank branch.
How to search Dena Bank IFSC Code & MICR Code?
Customers can search for Dena Bank IFSC Code & MICR Code through the following ways:
1. PaisaBazaar's Online IFSC Search Tool
Account holders can search for the IFSC Code of Dena Bank using the online IFSC Search Tool offered by Paisabazaar by following the steps mentioned below:
- Find the IFSC code finder tool at the top of this page
- Dena Bank is the default bank name selected here
- Enter the essential information like state and city names
- Select the bank's branch to check its IFSC and MICR codes alongwith address and other details
The customers can also find IFSC and MICR Codes for their Dena Bank branch on the following platforms:
2. Dena Bank Cheque Book
A branch's IFSC code is mentioned at the top of the cheque whereas cheque number and MICR code is present at the bottom of the cheque provided by the Dena Bank.
3. Dena Bank Passbook
The bank account holders can also check these codes on their bank account passbook provided by the Dena bank.
Alternatively, customers can go to the Reserve Bank of India’s website to search these financial system codes for any branch of Dena Bank.
How to Make Fund Transfer using Dena Bank IFSC Code?
Customers can transfer funds via below-mentioned modes:
National Electronic Fund Transfer (NEFT) is a nation-wide payments system that allows transfer of funds from one bank’s account to another. Dena Bank allows both account holder as well as non-account holders to use its NEFT service. However IFSC Code is mandatory for NEFT transactions.
Under Real Time Gross Settlement (RTGS), the beneficiary bank gets transfer instructions immediately. The settlement is gross, meaning that each transaction takes place individually. However, Dena Bank IFSC Code is required to perform RTGS transfer.
Immediate Payment Services (IMPS), an instant payment inter-bank electronic funds transfer system in India. In order to send money, the sender needs to provide beneficiary’s account no, account type, Dena Bank IFSC Code and beneficiary’s name.
About Dena Bank
Dena Bank is a public sector bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. Dena Bank was founded on 26th May, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd.