IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in CHANDIGARH - MADHYA MARG - CHANDIGARH - CHANDIGARH HIGH VALUE BRANCH

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


IFSC Code

PUNB0443100

MICR Code

160024040

Branch

CHANDIGARH HIGH VALUE BRANCH

Contact

0

Address

SCO 125-127 SECTOR 17-B

City

CHANDIGARH

District

MADHYA MARG

State

CHANDIGARH





What is IFSC Code of PUNJAB NATIONAL BANK situated at CHANDIGARH HIGH VALUE BRANCH- RTGS-HO?
IFSC Code of PUNJAB NATIONAL BANK situated at CHANDIGARH HIGH VALUE BRANCH - RTGS-HO is

PUNB0443100

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.