Latest details of Ifsc: Punb0724100
PUNJAB NATIONAL BANK
Branch name : KONDAGAON
Contact Information
Address: PUNJAB NATIONAL BANK, GURU LODGE
Contact number: 0
Bank Details
IFSC Code: PUNB0724100
City: KONDAGAON
District: BUILDING, NEAR BUS STAND, KONDAGAON
State: CHHATTISGARH
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
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.
