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Punjab National Bank - HO NEW INITITATIVE DIVISION

Details about the IFSC1 PUNB0584200:

Bank: Punjab National Bank
Bank Branch: HO NEW INITITATIVE DIVISION (IN-DL)
Country: India
District/State: NEW DELHI / DELHI
City: NEW DELHI
IFSC:1 PUNB0584200




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.