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 Chand, Distt. Bhabua (Bihar) branch in Bihar, Bhabhua (Bihar), 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 Bihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code PUNB0142200. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Chand, Distt. Bhabua (Bihar), Bihar
Below in the table are the key details related to IFSC Code PUNB0142200 of Punjab National Bank for its branch located in Bihar, within the district of Bhabhua (Bihar) in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0142200 |
| Branch | Chand, Distt. Bhabua (Bihar) |
| City | Bihar |
| District | Bhabhua (Bihar) |
| State | Bihar |
| Address | Dist.-Bhabua |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Bihar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0142200 for the Chand, Distt. Bhabua (Bihar) 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, including Punjab National Bank located in Chand, Distt. Bhabua (Bihar), Bihar, Bihar, is provided with a unique IFSC like PUNB0142200 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Bihar.
- 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 Bihar and Bhabhua (Bihar).
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Chand, Distt. Bhabua (Bihar) do not get mixed with another location.
Format of the IFSC Code PUNB0142200
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 Chand, Distt. Bhabua (Bihar) in Bihar.
For example, the IFSC Code PUNB0142200 of Punjab National Bank for the Chand, Distt. Bhabua (Bihar) branch has these elements, identifying the bank and the branch location in Bihar and Bihar correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0142200 of Punjab National Bank for its Chand, Distt. Bhabua (Bihar) branch located in Bihar, 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 Bihar and Bhabhua (Bihar), 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 Chand, Distt. Bhabua (Bihar) or Bihar to find the exact IFSC Code PUNB0142200.
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 Bihar will provide accurate information.
How to Use IFSC Code PUNB0142200 for Online Transfers?
Once you have the IFSC Code PUNB0142200 for the Chand, Distt. Bhabua (Bihar) branch of Punjab National Bank in Bihar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0142200. The transfer is completed in batches instead of instantly. It is useful for both 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 PUNB0142200.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Punjab National Bank Chand, Distt. Bhabua (Bihar) in Bihar, your payment can get delayed or might not go through at all.
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 Chand, Distt. Bhabua (Bihar), 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 Bihar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0142200.
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 Dist.-Bhabua located in Bihar, Bhabhua (Bihar), Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.