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Bank Details for IFSC CODE : PUNB0723900

Bank NamePunjab National Bank
Branch Name Itarhi
Branch Code 723900
IFSC Code PUNB0723900
MICR Code 802024006
Bank Address Vpo - Itarhi
State Name Bihar
City / Area Arrah , Bihar
District Name Dist- Buxar
Contact Details0

IFSC code - PUNB0723900 of bank Itarhi Dist- Buxar Bihar India Punjab National Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - PUNB0723900 of bank Punjab National Bank and MICR code - 802024006 of bank Punjab National Bank is use to do any online transaction or transaction related to the Itarhi branch of Punjab National Bank Dist- Buxar Bihar. an Invalid use ifsc code or micr code will lead to failur of the transaction.


Map Location for Punjab National Bank - Itarhi Dist- Buxar Bihar




IFSC - Indian Financial System Code. IFSC Code is used for electronic payment applications ( Online Banking ). RTGS - Real Time Gross Settlement , NEFT - National Electronic Funds Transfer , Immediate Payment Service, IMPS - interbank electronic instant mobile money transfer service, CFMS - Centralised Funds Management System that is developed by RBI - Reserve Bank of India. Code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

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.

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