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Punjab National Bank - MODEL INSTITUTE OF E & R

Details about the IFSC1 PUNB0718200:

Bank: Punjab National Bank
Bank Branch: MODEL INSTITUTE OF E & R (IN-JK)
Country: India
District/State: B.C. ROAD JAMMU / JAMMU AND KASHMIR
City: JAMMU
IFSC:1 PUNB0718200
MICR:2 180024039




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.