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 Circle Sastra Centre Baleswar branch in Baleswar, Baleswar, Odisha, 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 Baleswar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0819000. 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, Circle Sastra Centre Baleswar, Baleswar
Below in the table are the key details related to IFSC Code PUNB0819000 of Punjab National Bank for its branch located in Baleswar, within the district of Baleswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0819000 |
| Branch | Circle Sastra Centre Baleswar |
| City | Baleswar |
| District | Baleswar |
| State | Odisha |
| Address | 1 Or Bales 756001 |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Baleswar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0819000 for the Circle Sastra Centre Baleswar 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Circle Sastra Centre Baleswar, Baleswar, Odisha, is provided with a unique IFSC like PUNB0819000 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Baleswar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Baleswar and Baleswar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Circle Sastra Centre Baleswar do not get mixed with another location.
Format of the IFSC Code PUNB0819000
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 Circle Sastra Centre Baleswar in Baleswar.
For example, the IFSC Code PUNB0819000 of Punjab National Bank for the Circle Sastra Centre Baleswar branch includes these elements, identifying the bank and the branch location in Baleswar and Odisha correctly.
How to Find IFSC Code for Punjab National Bank?
If you are looking for the IFSC Code PUNB0819000 of Punjab National Bank for its Circle Sastra Centre Baleswar branch located in Baleswar, 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 Baleswar and Baleswar, 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 Centre Baleswar or Baleswar to get the exact IFSC Code PUNB0819000.
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 Baleswar, then it will provide you proper information.
How to Use IFSC Code PUNB0819000 for Online Transfers?
Once you have the IFSC Code PUNB0819000 for the Circle Sastra Centre Baleswar branch of Punjab National Bank in Baleswar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0819000. 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 PUNB0819000.
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 Circle Sastra Centre Baleswar in Baleswar, it can 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 Centre Baleswar, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Baleswar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Circle Sastra Centre Baleswar Baleswar branch is PUNB0819000.
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 1 Or Bales 756001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.