What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Punjab National Bank Karom, Distt. Siwan Bihar Distt. Siwan, Bihar Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address KAROM
State BIHAR
District DISTT. SIWAN, BIHAR
Branch KAROM, DISTT. SIWAN BIHAR
IFSC Code PUNB0236600
Branch Code 236600 (Last six characters of IFSC code represent Branch code.)
MICR Code 841024707
Contact Phone 0
via https://bankingzone.in/ifsc

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