Punjab National Bank BARNAGAR DISTT UJJAIN IFSC Code, MICR Code - Ujjain, Madhya Pradesh

Punjab National Bank BARNAGAR DISTT UJJAIN Branch IFSC Code, MICR Code (Ujjain, Madhya Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Punjab National Bank BARNAGAR DISTT UJJAIN - Ujjain, Madhya Pradesh

IFSC Code:PUNB0323500
MICR Code:1024323
Branch Code:323500 (Last six characters of IFSC Code represent Branch code)
Address:SHIVAJI PATH, BARNAGAR
Branch:BARNAGAR DISTT UJJAIN
City:BARNAGAR, DISTT UJJAIN
District:Ujjain
State:Madhya Pradesh
Contact No.:

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Punjab National Bank IFSC Code is PUNB0323500, MICR Code is 1024323, Branch Code is 323500 which is last six characters of IFSC Code, Branch name is BARNAGAR DISTT UJJAIN located in SHIVAJI PATH, BARNAGAR, BARNAGAR, DISTT UJJAIN, Ujjain, Madhya Pradesh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Punjab National Bank Branches at Ujjain, Madhya Pradesh

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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.