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BANGALORE    11 Branches
BANGALORE CANTONMENT    1 Branches
BANGALORE RURAL    1 Branches
BANGALORE URBAN    5 Branches
BANGALORE, KARNATAKA    1 Branches
BANGLORE    2 Branches
BANGLORE, KARNATKA    1 Branches
BELGAUM    1 Branches
BELLARY- HOSPET ROAD    1 Branches
BHEL COMPLEX    1 Branches
BIJAPUR-KARNATKA    1 Branches
CHITRADURGA    1 Branches
CIRCLE    1 Branches
DADGI, BIDAR DISTT    1 Branches
DAKSHIN KANNAD    1 Branches
DAVANGERE    1 Branches
DHARWAD. KARNATAKA    1 Branches
FRASER TOWN    1 Branches
GADAG    1 Branches
GULBARGA    1 Branches
HASSAN, KARNATKA    1 Branches
HAVERI KARNATAKA    1 Branches
HUBLI    1 Branches
J P NAGAR    1 Branches
JANWADA ROAD,BIDAR    1 Branches
JAYANAGAR    1 Branches
JERATAGI    1 Branches
KARNATAKA    5 Branches
KARWAR    1 Branches
KASHETTIPALLI    1 Branches
KOLAR    2 Branches
KOPPAL    1 Branches
M.G. ROAD,    1 Branches
MANDYA    1 Branches
MANGALORE    1 Branches
MYSORE    1 Branches
MYSORE KARNATAKA    1 Branches
NEAR MINERVA CIRCLE    1 Branches
RAICHUR    1 Branches
ROAD    1 Branches
SADASHIV NAGAR    1 Branches
SRINIVASA SARADAGI    1 Branches
THOPPANAHALLI    1 Branches
TUMKUR    1 Branches
UDIPI    1 Branches

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Rate Date : 08/11/24

We found 93 Branches available for PUNJAB NATIONAL BANK, KARNATAKA

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.