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 Surat Vip Road Vesu Surat Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address PNB GF G1 TO G7 VIP PLAZA BESIDE SHYAMBABA TEMPLE OPP MANIBHARI VIP RO GJ SURAT 395007
State GUJARAT
District SURAT
Branch SURAT VIP ROAD VESU
IFSC Code PUNB0598600
Branch Code 598600 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 982583532
via https://bankingzone.in/ifsc

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