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 Dumri, Distt. Buxor (Bihar) branch in Bihar, Dumri (Buxar), Bihar, 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 Bihar or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code PUNB0154700. 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, Dumri, Distt. Buxor (Bihar), Bihar

Here are some of the key details that come with the IFSC Code PUNB0154700 of Punjab National Bank for its branch located in Bihar, within the district of Dumri (Buxar) in the state of Bihar.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0154700
Branch Dumri, Distt. Buxor (Bihar)
City Bihar
District Dumri (Buxar)
State Bihar
Address Po-Simri, Dist Buxar

These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Bihar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0154700 for the Dumri, Distt. Buxor (Bihar) 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, along with Punjab National Bank located in Dumri, Distt. Buxor (Bihar), Bihar, Bihar, are given a unique IFSC like PUNB0154700 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bihar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Bihar and Dumri (Buxar).
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Punjab National Bank in Dumri, Distt. Buxor (Bihar) goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PUNB0154700

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 Dumri, Distt. Buxor (Bihar) in Bihar.

For example, the IFSC Code PUNB0154700 of Punjab National Bank for the Dumri, Distt. Buxor (Bihar) branch includes 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 PUNB0154700 of Punjab National Bank for its Dumri, Distt. Buxor (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 Dumri (Buxar), 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 Dumri, Distt. Buxor (Bihar) or Bihar to find the exact IFSC Code PUNB0154700.

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 PUNB0154700 for Online Transfers?

If you have the IFSC Code PUNB0154700 for the Dumri, Distt. Buxor (Bihar) branch of Punjab National Bank in Bihar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0154700. 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 PUNB0154700.

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 Dumri, Distt. Buxor (Bihar) in Bihar, it 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 Dumri, Distt. Buxor (Bihar), 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 Bihar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Dumri, Distt. Buxor (Bihar), Bihar?

The IFSC Code is PUNB0154700.

Is the IFSC Code PUNB0154700 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Punjab National Bank Dumri, Distt. Buxor (Bihar)?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Dumri, Distt. Buxor (Bihar) branch?

The address of the branch is Po-Simri, Dist Buxar located in Bihar, Dumri (Buxar), Bihar.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.