The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Punjab National Bank for its Circle Sastra Center Aurangabad branch in Aurangabad, Aurangabad, Bihar, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Punjab National Bank located in Aurangabad or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code PUNB0818800. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Circle Sastra Center Aurangabad, Aurangabad
The table below shows the main details of the IFSC Code PUNB0818800 for the Punjab National Bank branch in Aurangabad, which falls under the Aurangabad district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0818800 |
| Branch | Circle Sastra Center Aurangabad |
| City | Aurangabad |
| District | Aurangabad |
| State | Bihar |
| Address | Abhay Bhawan, 2Nd Floor, Frazer Road Abhay Bhawan, 2Nd Floor, Frazer Road Bh Auran |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Aurangabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0818800 for the Circle Sastra Center Aurangabad branch of Punjab National Bank is vital.
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 Circle Sastra Center Aurangabad, Aurangabad, Bihar, is provided a unique IFSC like PUNB0818800 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Punjab National Bank branch in Aurangabad.
- 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 Aurangabad and Aurangabad.
- 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Circle Sastra Center Aurangabad do not get misguided to another person.
Format of the IFSC Code PUNB0818800
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 Circle Sastra Center Aurangabad in Aurangabad.
For example, the IFSC Code PUNB0818800 of Punjab National Bank for the Circle Sastra Center Aurangabad branch includes these elements, identifying the bank and the branch location in Aurangabad and Bihar accurately.
How to Find IFSC Code for Punjab National Bank?
If you are looking for the IFSC Code PUNB0818800 of Punjab National Bank for its Circle Sastra Center Aurangabad branch located in Aurangabad, the following methods can help:
Cheque Book
The cheque book that is issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Punjab National Bank branches in Aurangabad and Aurangabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Punjab National Bank and look for the branch locator section, then search for Circle Sastra Center Aurangabad or Aurangabad to get the exact IFSC Code PUNB0818800.
Mobile Banking App
If you use Punjab National Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab National Bank and Aurangabad, then it will provide you proper information.
How to Use IFSC Code PUNB0818800 for Online Transfers?
Once you have the IFSC Code PUNB0818800 for the Circle Sastra Center Aurangabad branch of Punjab National Bank in Aurangabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0818800. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Punjab National Bank IFSC Code PUNB0818800.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Punjab National Bank Circle Sastra Center Aurangabad in Aurangabad may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Punjab National Bank in Circle Sastra Center Aurangabad, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Aurangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Circle Sastra Center Aurangabad Aurangabad branch is PUNB0818800.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Abhay Bhawan, 2Nd Floor, Frazer Road Abhay Bhawan, 2Nd Floor, Frazer Road Bh Auran.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.