Punjab National Bank CHALA IFSC Code, MICR Code - Valsad, Gujarat

Punjab National Bank CHALA Branch IFSC Code, MICR Code (Valsad, Gujarat). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Punjab National Bank CHALA - Valsad, Gujarat

IFSC Code:PUNB0599000
MICR Code:396024032
Branch Code:599000 (Last six characters of IFSC Code represent Branch code)
Address:GROUND FLOOR TIMES SQUARE BLDG VAPI DAMAN ROAD CHALA GJ VAPI 396191
Branch:CHALA
City:VAPI
District:Valsad
State:Gujarat
Contact No.:

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Punjab National Bank IFSC Code is PUNB0599000, MICR Code is 396024032, Branch Code is 599000 which is last six characters of IFSC Code, Branch name is CHALA located in GROUND FLOOR TIMES SQUARE BLDG VAPI DAMAN ROAD CHALA GJ VAPI 396191, VAPI, Valsad, Gujarat, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Punjab National Bank Branches at Valsad, Gujarat

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CHALARAPC VAPIVALSADVALSAD V P ROAD,VAPIVAPI - GUJARAT

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.