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Bank Details for MICR: 495024002

Bank NamePunjab National Bank
Branch Name Bilaspur, Sadar Bazaar
Branch Code 005800
IFSC Code PUNB0005800
MICR Code 495024002
Bank Address Sadar Bazaar Branch, Near Gol Bazaar,
State Name Chandigarh
City / Area Bilaspur
District Name Bilaspur
Contact Details0

MICR code - 495024002 of bank Bilaspur, Sadar Bazaar Bilaspur Chandigarh India Punjab National Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - PUNB0005800 of bank Punjab National Bank and MICR code - 495024002 of bank Punjab National Bank is use to do any online transaction or transaction related to the Bilaspur, Sadar Bazaar branch of Punjab National Bank Bilaspur Chandigarh. an Invalid use ifsc code or micr code will lead to failur of the transaction.

Map Location for 495024002

MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.