IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in KERALA - DISTT.KOTTAYAM - PALAI - PALAI

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


IFSC Code

PUNB0432600

MICR Code

686024302

Branch

PALAI

Contact

0

Address

PB NO 56 PALAI

City

PALAI

District

DISTT.KOTTAYAM

State

KERALA





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

PUNB0432600

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.