IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in PUNJAB - OPP CYCLE MARKET - LUDHIANA - LUDHIANA OVERLOCK ROAD

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


IFSC Code

PUNB0346300

MICR Code

141024024

Branch

LUDHIANA OVERLOCK ROAD

Contact

0

Address

OVERLOCK ROAD

City

LUDHIANA

District

OPP CYCLE MARKET

State

PUNJAB





What is IFSC Code of PUNJAB NATIONAL BANK situated at LUDHIANA OVERLOCK ROAD- RTGS-HO?
IFSC Code of PUNJAB NATIONAL BANK situated at LUDHIANA OVERLOCK ROAD - RTGS-HO is

PUNB0346300

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.