Punjab National Bank, Vellore Distt Vellore Tamil, Tamil Nadu , IFSC and MICR Code

Find IFSC along with MICR code for the Punjab National Bank Odhav Branch located in Vellore district or city, Tamil Nadu state. Also, get the addresses and contact numbers.

PUNJAB NATIONAL BANK

Bank

PUNJAB NATIONAL BANK

IFSC Code

PUNB0048600

Micr code 632024501
Branch Vellore Distt Vellore Tamil
Address 13a Long Bazaar Vellore
District Vellore

What is PUNJAB NATIONAL BANK IFSC or IFS code

Full form of IFSC is The Indian Financial System Code. IFSC is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems

What is NEFT in banking

NEFT stands for National Electronic Funds Transfer (NEFT). NEFT in India is an electronic payment system developed by RBI to facilitate the transfer of funds by customers from one bank to another. It is a secure, economical, reliable, and efficient system of money transfer between banks.