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Home /MICR Code /Punjab National Bank /Punjab /Derra Bassi /Dera Bassi

Punjab National Bank MICR Code, Dera Bassi Branch Derra Bassi in Punjab

Get IFSC and MICR code of Punjab National Bank Dera Bassi branch in Derra Bassi city or district, Punjab state along with address and contact phone numbers, scroll down.
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280017Punjab National Bank Dera Bassi
Punjab National Bank Dera Bassi MICR Code

MICR Code: 160024121

Punjab National Bank MICR Code, Dera Bassi Branch Derra Bassi in Punjab

Bank NamePunjab National Bank
IFSC Code PUNB0018510
(used for RTGS and NEFT transactions)
MICR Code 160024121
Branch Dera Bassi
StatePunjab
DistrictDerra Bassi
City SAHIBZADA AJIT SINGH NAGAR
AddressCHOPRA TOWER, NR LIC LIC BLDGAMBALA HIGHWAY 140507
Branch Code 018510 (Last six characters of IFSC code represent Branch code.)
Contact 280017
Emailneft@pnb.co.in
Websitehttps://www.pnbindia.in
Customer.Tel: 022-22627511

Along with your account number, account name and account type (ie., savings or current) the following information about the branch is to be provided for fund transfer:

  • Bank Name : Punjab National Bank
  • Branch Name : Dera Bassi
  • MICR Code : PUNB0018510
  • Location : Derra Bassi, Punjab

OR Choose other Branch From Punjab National Bank Derra Bassi Listed Below

  • DERA BASSI
  • DERA BASSI DERA SSIET

What is Punjab National Bank Dera Bassi MICR Code.

The full form of MICR is Magnetic Ink Character Recognition technology. The primary need for this innovation is to authenticate the originality and legality of paper based documents in the banking system and is majorly used on cheques. In terms of their real-world importance, MICR stands on par with IFSC where transfer of funds using NEFT or IMPS is concerned..

MICR code imbibes the cutting-edge character recognition technology that is used by banks to authenticate the clearance of cheques and other such documents. MICR code itself can be seen placed on the bottom strip of the cheque and includes such details as the bank code, account details, cheque number and amount, alongside a control indicator. The principal advantage of this system is that unlike similar concepts like barcodes, MICR can be easily distinguished and read by humans.

What is the use of MICR code?

MICR is a technology that helps in verifying the originality of cheques or other paper documents. It is used mainly by banks to process cheques faster. The MICR code helps RBI in identifying the bank branch.

What is Punjab National Bank MICR Code?

Magnetic Ink Character Recognition (MICR) is a printing technology that is used to print alpha-numeric details. MICR Code is printed on cheques and they allow the cheque to be processed easily.

Dera Bassi Branch Information

Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of Punjab National Bank - Dera Bassi branch in [ditrict]  district which is in the state of Punjab. Branch office and ATM location.

What is  Punjab National Bank Dera Bassi RTGS?

Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.

What is  Punjab National Bank Dera Bassi NEFT?

National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.

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