IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in TAMIL NADU - MUTHAPUDUPET IAF CHENNAI - CHENNAI - AVADI CHENNAI

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


IFSC Code

PUNB0491900

MICR Code

600024040

Branch

AVADI CHENNAI

Contact

0

Address

AMS COLLEGE OF ENGINEERING

City

CHENNAI

District

MUTHAPUDUPET IAF CHENNAI

State

TAMIL NADU





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

PUNB0491900

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.