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 Nawabganj branch in Bareilly, Nawabganj, Uttar Pradesh, 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 Bareilly or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0162110. 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, Nawabganj, Bareilly
The table below shows the main details of the IFSC Code PUNB0162110 for the Punjab National Bank branch in Bareilly, which falls under the Nawabganj district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0162110 |
| Branch | Nawabganj |
| City | Bareilly |
| District | Nawabganj |
| State | Uttar Pradesh |
| Address | Pilibhit Bypass,Near Sdm Court,Bareilly 243406 |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Bareilly for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0162110 for the Nawabganj branch of Punjab National Bank is vital.
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 Nawabganj, Bareilly, Uttar Pradesh, are allotted a unique IFSC like PUNB0162110 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bareilly.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bareilly and Nawabganj.
- 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 Nawabganj reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.
Format of the IFSC Code PUNB0162110
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): These represent the bank code. In Punjab National Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Nawabganj in Bareilly.
For example, the IFSC Code PUNB0162110 of Punjab National Bank for the Nawabganj branch has these elements, identifying the bank and the branch location in Bareilly and Uttar Pradesh correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0162110 of Punjab National Bank for its Nawabganj branch located in Bareilly, 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 Bareilly and Nawabganj, 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 Nawabganj or Bareilly to find the exact IFSC Code PUNB0162110.
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 Bareilly will provide accurate information.
How to Use IFSC Code PUNB0162110 for Online Transfers?
Once you have the IFSC Code PUNB0162110 for the Nawabganj branch of Punjab National Bank in Bareilly, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0162110. 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 PUNB0162110.
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 Nawabganj in Bareilly 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 Nawabganj, 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 Bareilly manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0162110.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Pilibhit Bypass,Near Sdm Court,Bareilly 243406 located in Bareilly, Nawabganj, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.