Punjab National Bank IFSC Code RENDAL MAHARASHTRA ( PUNB0998600) & Branch Contact Details

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For smooth and secure banking transactions at the Punjab National Bank, visit the branch at C/O VIDYA RAJENDRA PAWAR HINDU CHK MAIN ROAD RENDAL TAH HATAKANANGLE MAHARASHTRA 416203. The IFSC code for this location is PUNB0998600. You can visit branch from Monday to Saturday between 10 AM and 4 PM. Please note that the branch is closed on the 2nd and 4th Saturdays of every month.

Punjab National Bank RENDAL MAHARASHTRA IFSC code : PUNB0998600
IFSC Code PUNB0998600

(Used for RTGS and NEFT transactions)

Bank Punjab National Bank
Address C/O VIDYA RAJENDRA PAWAR HINDU CHK MAIN ROAD RENDAL TAH HATAKANANGLE MAHARASHTRA 416203
City RENDAL
District KOLHAPUR
State MAHARASHTRA
Branch RENDAL MAHARASHTRA
Phone Number -9420458427
Customer Care 1800 1800

 

Difference Between IFSC, MICR and SWIFT Code

The IFSC, MICR, and SWIFT codes are essential components of banking transactions, serving unique purposes in financial transfers. IFSC (Indian Financial System Code) is a unique 11-character code used primarily in India to facilitate electronic money transfers between banks specifically within the NEFT and RTGS systems. MICR (Magnetic Ink Character Recognition) is a 9-digit code that helps in processing cheques faster, ensuring that transactions are secure and efficient. SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, on the other hand, are used for international money transfers, identifying banks globally so that money can reach the correct destination across borders.

Tabular Comparison:

Feature IFSC Code MICR Code SWIFT Code
Length 11 characters 9 digits 8 or 11 characters
Purpose Facilitates electronic transfers within India Facilitates fast and accurate cheque processing Facilitates international bank transactions
Usage Used in NEFT, RTGS, and IMPS Used in cheque clearing Used in international fund transfers
Geographical Applicability Only applicable in India Predominantly used in India Used worldwide
Nature of Code Alphanumeric Numeric (with special characters in ink) Alphanumeric

 

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