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 Faridabad, Dav Cent. College Faridabad Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address DAV CENTENARY COLLEGE, NH-3, NIT
State HARYANA
District FARIDABAD
Branch FARIDABAD, DAV CENT. COLLEGE
IFSC Code PUNB0486000
Branch Code 486000 (Last six characters of IFSC code represent Branch code.)
MICR Code 110024460
Contact Phone 0
via https://bankingzone.in/ifsc

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