IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in CHANDIGARH - (VIA) LACHHANPUR BASANTPUR POSTMADWA VILLAGE - MADWA - MADWA

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


IFSC Code

PUNB0731900

MICR Code

495024519

Branch

MADWA

Contact

0

Address

MADWA TENDUBATTA PLANT ROAD

City

MADWA

District

(VIA) LACHHANPUR BASANTPUR POSTMADWA VILLAGE

State

CHANDIGARH





What is IFSC Code of PUNJAB NATIONAL BANK situated at MADWA- RTGS-HO?
IFSC Code of PUNJAB NATIONAL BANK situated at MADWA - RTGS-HO is

PUNB0731900

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.