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 Raniyan Kanpur Dehat Kanpur City Branch IFSC/MICR Code Details
Bank Name PUNJAB NATIONAL BANK
Address OPPOSITE OF ALLAHABAD BANK, NH 2 RANIYAN DISTT- KANPUR DEHAT UP KANPD 209304
State UTTAR PRADESH
District KANPUR CITY
Branch RANIYAN KANPUR DEHAT
IFSC Code PUNB0587700
Branch Code 587700 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 9450129800
via https://bankingzone.in/ifsc

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