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PUNJAB AND MAHARSHTRA CO OPERATIVE BANK

  • What is BIC ?

    The BIC or Bank symbol Code (also referred to as the SWIFT address) is a unique address that in payment messages identifies exactly the bank concerned in monetary transactions. once employed in conjunction with the IBAN it identifies the bank at that the account of the beneficiary is command.

  • What is RTN ?

    Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Internation banks Routing Code, Bank Identifier Code (BIC) & SWIFT codes are basically the same.

  • What is Bank BSR Code

    Basic Statistical Return (BSR) Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).

PUNJAB AND MAHARSHTRA COOPERATIVE BANK List of IFSC Code Branches Districts of KARNATAKA State

BangaloreBangalore Urban
BengaluruDharwad
HubliSagar
ShimogaSirsi

PUNJAB AND MAHARSHTRA COOPERATIVE BANK Branches in KARNATAKA state:

PUNJAB AND MAHARSHTRA COOPERATIVE BANK has branches in the following districts of KARNATAKA state :- Bangalore, Bangalore urban, Bengaluru, Dharwad, Hubli, Sagar, Shimoga, Sirsi.

PUNJAB AND MAHARSHTRA CO OPERATIVE BANK was started on 13th February, 1984 as a single branch bank in a small room at Sion.

The Bank aims to emerge as a strong, vibrant, most preferred premier co-operative bank, committed to excellence in customer service, and enhancing stakeholder value through concern, care and competence.

Punjab and Maharashtra Co-operative Bank is a multi-state scheduled urban co-operative bank with area of ​​operation in the states of Maharashtra, Delhi, Karnataka, Goa, Gujarat, Andhra Pradesh and Madhya Pradesh.

 It has been 35 years since the bank was established. The bank has an extensive network of 137 branches across six states.

The bank is included in the top 10 cooperative banks of the country.

The bank was granted multi-state status by the Central Registrar in the year 2004.

The bank was given a schedule by the Reserve Bank of India in the year 2000. It is the youngest bank to achieve ‘Scheduled Bank’ status.

The Bank was granted Authorized Dealer Category License by the Reserve Bank of India for foreign exchange trading in the year 2011.

The Bank has been awarded the ‘Best Bank Award for the Year 2018’ in the category of deposits of Rs 2000 crores and above for the 2nd consecutive time by the Brihan Mumbai Nagari Sahakari Banks Association Ltd.

The bank has various accolades to its credit.

The All India Bank Depositors Association, the renowned association of bank depositors, felicitated the bank in 1999 appreciating its “work ethic oriented to serve the depositors”.

Nine times the bank has been awarded the ‘Padma Bhushan Vasantdada Patil Award’ as the ‘Best Urban Co-operative Bank’ by the Maharashtra State Co-operative Banks Association Ltd.

The bank received the ‘Special Jury Award’ from NPCI for the lowest dispute ratio in the cooperative banking sector and the lowest undetermined down time in 2012.

Since 2004, the bank has established the renowned public activist and consumer activist late M.R. An award has been established in Pai’s memory.

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  • What is MICR Code?

    The Magnetic Ink Character Recognition Code (MICR) is a numeric code that uniquely identifies a Bank-Branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 500447125

    • First 3 digits represent the city (500447125)
    • Next 3 digits represent the bank (500447125)
    • Last 3 digits represent the branch (500447125)

    The MICR Code assigned to a bank branch is written on the MICR band of cheque leaves issued by bank branches.

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