IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in PUNJAB - MOHALI PUNJAB - MOHALI PUNJAB - HIGH VALUE BRANCH MOHALI

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


IFSC Code

PUNB0602400

MICR Code

160024054

Branch

HIGH VALUE BRANCH MOHALI

Contact

0

Address

SCO-534 SECTOR - 70

City

MOHALI PUNJAB

District

MOHALI PUNJAB

State

PUNJAB





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

PUNB0602400

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.