Punjab National Bank Bokaro Steel City Sector Branch IFSC Code: PUNB0242600
Branch Code: 242600 | BOKARO, BOKARO, JHARKHAND
The official Indian Financial System Code (IFSC) for Punjab National Bank, Bokaro Steel City Sector branch in BOKARO, JHARKHAND is PUNB0242600. The MICR code for cheque clearance is 827024003.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Punjab National Bank
- Branch Name
- BOKARO STEEL CITY SECTOR -
- MICR Code
- City / District
- BOKARO (BOKARO)
- State
- JHARKHAND
- Postal Pincode
- N/A
NEAR RAM MANDIR, SECTOR-1
How to Read IFSC Code: PUNB0242600
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Punjab National Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Punjab National Bank (PUNB0242600)
Which bank does IFSC Code PUNB0242600 belong to?
IFSC Code PUNB0242600 belongs to Punjab National Bank for its BOKARO STEEL CITY SECTOR - branch, located in BOKARO, JHARKHAND. The 4-letter prefix 'PUNB' represents Punjab National Bank.
What is the IFSC Code for Punjab National Bank BOKARO STEEL CITY SECTOR - branch?
The IFSC Code for Punjab National Bank BOKARO STEEL CITY SECTOR - branch in BOKARO, JHARKHAND is PUNB0242600. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Punjab National Bank BOKARO STEEL CITY SECTOR - branch?
The branch is located at: NEAR RAM MANDIR, SECTOR-1, BOKARO, JHARKHAND.
What is the MICR Code for Punjab National Bank BOKARO STEEL CITY SECTOR -?
The MICR Code for electronic cheque clearing at Punjab National Bank BOKARO STEEL CITY SECTOR - is 827024003.
How to decipher the IFSC code PUNB0242600?
The first 4 characters 'PUNB' represent Punjab National Bank. The 5th character is '0' reserved for future use. The last 6 characters '242600' represent the specific BOKARO STEEL CITY SECTOR - branch code.
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