There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Punjab National Bank for its Rasalpur Distt-Balasore branch in Baleshwar, Rasalpur Distt. Balasore, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Punjab National Bank situated in Baleshwar or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code PUNB0201210. You should 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, Rasalpur Distt-Balasore, Baleshwar
The table below shows the main details of the IFSC Code PUNB0201210 for the Punjab National Bank branch in Baleshwar, which falls under the Rasalpur Distt. Balasore district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0201210 |
| Branch | Rasalpur Distt-Balasore |
| City | Baleshwar |
| District | Rasalpur Distt. Balasore |
| State | Odisha |
| Address | B/O Rasalpur Po Rasalpur 756021 |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Baleshwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0201210 for the Rasalpur Distt-Balasore branch of Punjab National Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Punjab National Bank located in Rasalpur Distt-Balasore, Baleshwar, Odisha, are allotted a unique IFSC like PUNB0201210 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Baleshwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Baleshwar and Rasalpur Distt. Balasore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Punjab National Bank in Rasalpur Distt-Balasore reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code PUNB0201210
The format of the IFSC Code for banks, including Punjab National Bank, has 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 Rasalpur Distt-Balasore in Baleshwar.
For example, the IFSC Code PUNB0201210 of Punjab National Bank for the Rasalpur Distt-Balasore branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0201210 of Punjab National Bank for its Rasalpur Distt-Balasore branch located in Baleshwar, the following methods can help you out:
Cheque Book
The cheque book issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Punjab National Bank branches in Baleshwar and Rasalpur Distt. Balasore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Punjab National Bank and go to the branch locator section. Then search for Rasalpur Distt-Balasore or Baleshwar to find the exact IFSC Code PUNB0201210.
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 maintains an updated database of all IFSC codes. Searching for Punjab National Bank and Baleshwar will provide accurate information.
How to Use IFSC Code PUNB0201210 for Online Transfers?
If you have the IFSC Code PUNB0201210 for the Rasalpur Distt-Balasore branch of Punjab National Bank in Baleshwar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0201210. Transfers are processed in batches. 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. Asks for the recipient's account details and Punjab National Bank IFSC Code PUNB0201210.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Punjab National Bank Rasalpur Distt-Balasore in Baleshwar, it may 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 Rasalpur Distt-Balasore, 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 Baleshwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0201210.
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 B/O Rasalpur Po Rasalpur 756021 located in Baleshwar, Rasalpur Distt. Balasore, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.