Latest details of Branch: Aler
MALERKOTLA, MOTI BAZAR PUNJAB NATIONAL BANK
MALERKOTLA, MOTI BAZAR
MOTI BAZAR
IFSC: PUNB0347600
MALERKOTLA STATE BANK OF INDIA
MALERKOTLA
DIST SANGRUR, PUNJAB 148 023
IFSC: SBIN0001762
PALERA STATE BANK OF INDIA
PALERA
DIST TIKAMGARH, MADHYA PRADESH 472221
IFSC: SBIN0003339
ALER STATE BANK OF INDIA
ALER
GD DSR
281627
IFSC: SBIN0020177
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
