Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
Punjab National Bank, SHAKTI
- IFSC
- PUNB0200220
- BRANCH
- SHAKTI
- ADDRESS
- SHAKTI,
- BANKCODE
- PUNB
- DISTRICT
- RAIPUR
- CITY
- JHANJ-CHAMPA
- STATE
- CHHATTISGARH
Definition
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
The IFSC code is made up of three parts:
- The first four characters (PUNB in PUNB0200220) are the bank code, identifying Punjab National Bank.
- The fifth character (0 in PUNB0200220) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (200220 in PUNB0200220) are the branch code for SHAKTI.
For example, PUNB0200220 is the IFSC for Punjab National Bank’s SHAKTI branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
