Punjab National Bank IFSC Code PUNB0053800

Punjab National Bank – MUMBAI MATUNGA

IFSC Code: PUNB0053800

MICR Code: 400024025

Branch: MUMBAI MATUNGA

Bank: Punjab National Bank

Address: 468A, HANUMAN PRASAD BLDG, KINGS CIRCLE

District: MATUNGA, MUMBAI

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): PUNB0053800

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 053800. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400024025

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.