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 Bhiwadi Bhagat Singh Colony Alwar Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address C-4, BHAGAT SINGH COLONY BHIWADI DISTT ALWAR RJ 301019
State RAJASTHAN
District ALWAR
Branch BHIWADI BHAGAT SINGH COLONY
IFSC Code PUNB0974600
Branch Code 974600 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 9813170104
via https://bankingzone.in/ifsc

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