Punjab National Bank IFSC Code PUNB0489000

Punjab National Bank – PALANPUR

IFSC Code: PUNB0489000

MICR Code: 385024001

Branch: PALANPUR

Bank: Punjab National Bank

Address: MARUTI BUSINESS CENTRE, SANSKUT

District: SHOOPING & RESIDENCY, AHEMDABAD_ABU HIGHWAY

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): PUNB0489000

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 489000. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 385024001

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.