IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in ANDHRA PRADESH - BANK STREET - HYDERABAD - RETAIL LOANS HUB SECUNDERABAD

PUNJAB NATIONAL BANK RTGS HO Branch in HYDERABAD - Address, IFSC, MICR Code


IFSC Code

PUNB0523000

MICR Code

500024033

Branch

RETAIL LOANS HUB SECUNDERABAD

Contact

0

Address

RETAIL LOANS HUB 4-1-427 TROOP BAZAR

City

HYDERABAD

District

BANK STREET

State

ANDHRA PRADESH





What is IFSC Code of PUNJAB NATIONAL BANK situated at RETAIL LOANS HUB SECUNDERABAD- RTGS-HO?
IFSC Code of PUNJAB NATIONAL BANK situated at RETAIL LOANS HUB SECUNDERABAD - RTGS-HO is

PUNB0523000

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.