Punjab National Bank – RAISEN, 8 MUKHERJEE NAGAR
IFSC Code: PUNB0489700
MICR Code: 464024001
Branch: RAISEN, 8 MUKHERJEE NAGAR
Bank: Punjab National Bank
Address: 8 MUKHERJEE NAGAR RAISEN
District: MP
State: MADHYA PRADESH
Contact:
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Punjab National Bank IFSC Code PUNB0489700
Indian Financial System Code (IFSC): PUNB0489700
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 489700. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 464024001
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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