IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in MADHYA PRADESH - BASAI - BASAI - BASAI DISTT. DATIA (MP)

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


IFSC Code

PUNB0059700

MICR Code

475024501

Branch

BASAI DISTT. DATIA (MP)

Contact

0

Address

BASAI DISTT DATIA

City

BASAI

District

BASAI

State

MADHYA PRADESH





What is IFSC Code of PUNJAB NATIONAL BANK situated at BASAI DISTT. DATIA (MP)- RTGS-HO?
IFSC Code of PUNJAB NATIONAL BANK situated at BASAI DISTT. DATIA (MP) - RTGS-HO is

PUNB0059700

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.