Punjab National Bank IFSC Code PUNB0398300

Punjab National Bank – KARWAR PORT TOWN

IFSC Code: PUNB0398300

MICR Code: 581024202

Branch: KARWAR PORT TOWN

Bank: Punjab National Bank

Address: 454/5, I FLOOR,CIVIL COURT ROAD,KARWAR

District: KARWAR

State: KARNATAKA

Contact:

Indian Financial System Code (IFSC): PUNB0398300

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 398300. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 581024202

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.