Punjab National Bank , Ludhiana, Punjab IFSC code
Indian Financial System Code(IFSC) is an unique code to identify a physical branch of Punjab National Bank in India. This unique 11 digit code is assigned by RBI. This is required to make any transaction that is NEFT, RTGS, CFMS, etc. Any transfer that is made online or system to system transfer which is not done through cheque book should identify source and target bank branches by IFSC code. Format of the code is <4 character Bank code>-0-<6 digit Branch code>. So if for example a code is PUNB0123456 then PUNB uniquely identify the Bank and 123456 is the code for the branch. This number can be found in your cheque book of Punjab National Bank cheque book to locate the IFSC code of your Ludhiana, Punjab branch.
Punjab National Bank, Ludhiana, Punjab MICR Code
Magnetic Ink Character Recognition(MIRC) is 9 digit uniquely identified number given to any branch of Punjab National Bank. RBI most of the cases used PIN code to assign this number. The format of the 9 digit number is <3 digit city code><3 digit bank code><3 digit branch code>. So RBI uniquely Identified 3 digit city code and 3 digit bank code for each bank as a part of MICR code. This code is required to make payments across branches inside India. You can locate this number in your Punjab National Bank, Ludhiana, Punjab cheque book. There are four numbers present in cheque book 1) 11 digit IFSC 2) 9 Digit MICR and 3) Account number. And every cheque page contains a Cheque number. By length and format you can differentiate these numbers.
How to transfer Money from Punjab National Bank, Ludhiana, Punjab
TO Transfer from or to Punjab National Bank, Ludhiana, Punjab you need bank account number, account name and IFSC code of your branch. To find IFSC code try this website. Or you may look in your check book. You need to add the account you want to transfer money to With the said information. Once added you can user NEFT or RTGS transfer from your Punjab National Bank, Ludhiana, Punjab account.