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Punjab National Bank - NEFT CENTRALIZED PROCESSING CENTRE

Details about the IFSC1 PUNB00CBS00:

Bank: Punjab National Bank
Bank Branch: NEFT CENTRALIZED PROCESSING CENTRE (IN-MH)
Country: India
District/State: MUMBAI / MAHARASHTRA
City: MUMBAI
IFSC:1 PUNB00CBS00




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.