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 Khandar Distt Sawaimadhopur Rajasthan Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address SHUKLA COLONY NEAR BANK OF BARODA KHANDAR
State RAJASTHAN
District DISTT SAWAIMADHOPUR RAJASTHAN
Branch KHANDAR
IFSC Code PUNB0728500
Branch Code 728500 (Last six characters of IFSC code represent Branch code.)
MICR Code 322024203
Contact Phone 0
via https://bankingzone.in/ifsc

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