PUNB0314800 IFSC Code for Punjab National Bank (PNB) Shahpur branch located at Bihar state, Patna district, Shahpur, and branch Address is Po :Daudpur, Block :Danapur, Dist:Patna Bihar 801502, Branch Contact numbers Pramod Kumar 06115-227451 Branch code is 314800 last six characters of the IFSC Code.
Branch Information Last updated May 30, 2013
IFSC: PUNB0314800
MICR:
800024547
Branch Code: 314800
Address: PO :DAUDPUR, BLOCK :DANAPUR, DIST:PATNA BIHAR 801502
Contact: PRAMOD KUMAR 06115-227451
Map Location of Shahpur, Patna, Bihar
What is IFSC Code PUNB0314800?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.
IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.
- The code consists of 11 Characters : (PUNB0314800) 11 alpha numeric characters code assigned by Reserve Bank of India to Punjab National Bank (PNB) Shahpur Branch
- First 4 characters represent the entity (PUNB0314800)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0314800)
- Last 6 character denotes the branch identity (ICIC0314800)
What is MICR Code 800024547?
Magnetic ink character recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
MICR characters are printed in special typefaces with a magnetic ink or toner, usually containing iron oxide. A special machine is used to read these characters, which can be easily read by humans too.
The characters are usually printed on the bottom strip of cheque leaf.
This MICR code is used By RBI (Reserve bank Of India) clearing process to identify the branch and bank for clearing processes.
MICR 800024547 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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