PUNB0994400 IFSC Code, PUNJAB NATIONAL BANK, PALAKOLLU

IFSC Code of Punjab National Bank, Palakollu, Andhra Pradesh IFSC CODE & MICR CODE

PUNJAB NATIONAL BANK, PALAKOLLU - PUNB0994400

  • Bank name: PUNJAB NATIONAL BANK

Bank Address: H No 13 5 53 3 Palakol Distwest Godavari Andhra Pradesh Pallk 534260

  • IFSC Code punb0994400
  • Bank Code PUNB
  • Bank name PUNJAB NATIONAL BANK
  • Bank contact number +919885064502
  • Bank branch PALAKOLLU
  • Bank ISO3166 Code IN-AP
  • Bank Center WEST GODAVARI
  • MICR Code 534024302
  • State name ANDHRA PRADESH
  • District name WEST GODAVARI
  • City name PALAKOL
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for PUNJAB NATIONAL BANK, PALAKOLLU branch is PUNB0994400, ensures that your transactions are directed to the correct branch.

How to Use PUNB0994400 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the PALAKOLLU branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.