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 Chandaka Kundra,distt. Kundra Khandagiri, Bhubaneshwar Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address AT. CHANDKA ROAD, KHANDAGIRI, PO
State ODISHA
District KHANDAGIRI, BHUBANESHWAR
Branch CHANDAKA KUNDRA,DISTT. KUNDRA
IFSC Code PUNB0322200
Branch Code 322200 (Last six characters of IFSC code represent Branch code.)
MICR Code 751024008
Contact Phone 0
via https://bankingzone.in/ifsc

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