Punjab National Bank – PEN
IFSC Code: PUNB0665600
MICR Code: 402024051
Branch: PEN
Bank: Punjab National Bank
Address: PANCH RATNA COMPLEX M.G.RD. OPP ST. STAND
District: PEN RAIGAD MAHARASHTRA
State: MAHARASHTRA
Contact:
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Punjab National Bank PEN
Indian Financial System Code (IFSC): PUNB0665600
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 665600. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 402024051
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.
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