Punjab National Bank, SALEM SHEVAPET

Here is the IFSC & MICR Codes of Punjab National Bank, SALEM SHEVAPET, SALEM, TAMIL NADU. Also get the latest address, contact number of Punjab National Bank, SALEM SHEVAPET.

IFSC Code: PUNB0439500
Branch: SALEM SHEVAPET
Address: PB NO 201, DOOR NO 738, FORT MAIN
Bank Code: PUNB
MICR: 636024003

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Frequently asked questions

What's the IFSC Code of SALEM SHEVAPET, Punjab National Bank?: The IFSC Code of SALEM SHEVAPET, Punjab National Bank is PUNB0439500.
What's the Address of SALEM SHEVAPET, Punjab National Bank?: The Address of SALEM SHEVAPET, Punjab National Bank is PB NO 201, DOOR NO 738, FORT MAIN.
What's the MICR Code of SALEM SHEVAPET, Punjab National Bank?: The MICR Code of SALEM SHEVAPET, Punjab National Bank is 636024003.
What's the District SALEM SHEVAPET, Punjab National Bank falls under?: The District SALEM SHEVAPET, Punjab National Bank falls under is ROAD,SHEVPETH, NEAR TELEPHONE EXCHANGE, SALEM.

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 (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).