IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in MADHYA PRADESH - RATLAM - RATLAM - RATLAM ALKAPURI

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


IFSC Code

PUNB0324100

MICR Code

457024003

Branch

RATLAM ALKAPURI

Contact

0

Address

ALKAPURI RATLAM

City

RATLAM

District

RATLAM

State

MADHYA PRADESH





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

PUNB0324100

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.