Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab National Bank for its Motera Ahmedabad branch in Ahmadabad, Ahmedabad, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Punjab National Bank located in Ahmadabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code PUNB0159110. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab National Bank, Motera Ahmedabad, Ahmadabad
Here are the main details that are associated with the IFSC Code PUNB0159110 of Punjab National Bank for its branch located in Ahmadabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0159110 |
| Branch | Motera Ahmedabad |
| City | Ahmadabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Shop No 7 To11 Vithal Vibrant,Motera 380005 |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Ahmadabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0159110 for the Motera Ahmedabad branch of Punjab National Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Motera Ahmedabad, Ahmadabad, Gujarat, is provided a unique IFSC like PUNB0159110 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Punjab National Bank branch in Ahmadabad.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ahmadabad and Ahmedabad.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Motera Ahmedabad do not get misguided to another person.
Format of the IFSC Code PUNB0159110
The format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Punjab National Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Motera Ahmedabad in Ahmadabad.
For example, the IFSC Code PUNB0159110 of Punjab National Bank for the Motera Ahmedabad branch includes these elements, identifying the bank and the branch location in Ahmadabad and Gujarat accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0159110 of Punjab National Bank for its Motera Ahmedabad branch located in Ahmadabad, the following methods can help:
Cheque Book
The cheque book issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Punjab National Bank branches in Ahmadabad and Ahmedabad, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Punjab National Bank and navigate to the branch locator section. Search for Motera Ahmedabad or Ahmadabad to get the exact IFSC Code PUNB0159110.
Mobile Banking App
If you use Punjab National Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Punjab National Bank and Ahmadabad, you'll get the correct details.
How to Use IFSC Code PUNB0159110 for Online Transfers?
Once you have the IFSC Code PUNB0159110 for the Motera Ahmedabad branch of Punjab National Bank in Ahmadabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0159110. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Punjab National Bank IFSC Code PUNB0159110.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab National Bank Motera Ahmedabad in Ahmadabad, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Punjab National Bank in Motera Ahmedabad, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Punjab National Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Ahmadabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0159110.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shop No 7 To11 Vithal Vibrant,Motera 380005 located in Ahmadabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.