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 Waraich,amritsar9punjab Waraich Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address WARAICH (AMRITSAR)
State PUNJAB
District WARAICH
Branch WARAICH,AMRITSAR9PUNJAB
IFSC Code PUNB0350500
Branch Code 350500 (Last six characters of IFSC code represent Branch code.)
MICR Code 143024803
Contact Phone 0
via https://bankingzone.in/ifsc

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