PUNB0429000 IFSC Code for Punjab National Bank (PNB) Kasargod branch located at Kerala state, Kasaragod district, and branch Address is 1st Floor Shoba Shopping Tower, Aswin Nagar, N H 17, Karanthaka, Kasargod, Kerala 671121, Branch Contact numbers 04994-223863,291563 Chandranath.D Branch code is 429000 last six characters of the IFSC Code.
Branch Information Last updated May 30, 2013
IFSC: PUNB0429000
MICR:
671024002
Branch Code: 429000
Address: 1ST FLOOR SHOBA SHOPPING TOWER, ASWIN NAGAR, N H 17, KARANTHAKA, KASARGOD, KERALA 671121
Contact: 04994-223863,291563 CHANDRANATH.D
Map Location of Kasaragod, Kerala
What is IFSC Code PUNB0429000?
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 : (PUNB0429000) 11 alpha numeric characters code assigned by Reserve Bank of India to Punjab National Bank (PNB) Kasargod Branch
- First 4 characters represent the entity (PUNB0429000)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0429000)
- Last 6 character denotes the branch identity (ICIC0429000)
What is MICR Code 671024002?
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 671024002 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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