Punjab National Bank MODEL INSTITUTE OF E R IFSC Code

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.

• The first four characters (PUNB) identify the bank.
• The fifth character (0) is reserved and usually zero.
• The last six characters (718200) identify the branch.

For example, PUNB0718200 is the IFSC code for Punjab National Bank MODEL INSTITUTE OF E R branch in B.C. ROAD JAMMU. This IFSC code is used for NEFT, RTGS, IMPS and online banking transactions.