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 Nikol branch in Centre Mall, Nikol, Ahmedabad, Ahmedabad, Gujarat, 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 Centre Mall, Nikol, Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code PUNB0753700. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Nikol, Centre Mall, Nikol, Ahmedabad
The table below shows the main details of the IFSC Code PUNB0753700 for the Punjab National Bank branch in Centre Mall, Nikol, Ahmedabad, which falls under the Ahmedabad district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0753700 |
| Branch | Nikol |
| City | Centre Mall, Nikol, Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Shop No. 1 To 5, Platinum Plaza, Opp. City |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Centre Mall, Nikol, Ahmedabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0753700 for the Nikol 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 Nikol, Centre Mall, Nikol, Ahmedabad, Gujarat, are allotted a unique IFSC like PUNB0753700 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Centre Mall, Nikol, Ahmedabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Centre Mall, Nikol, Ahmedabad and Ahmedabad.
- 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 Nikol reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code PUNB0753700
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 Nikol in Centre Mall, Nikol, Ahmedabad.
For example, the IFSC Code PUNB0753700 of Punjab National Bank for the Nikol branch includes these elements, identifying the bank and the branch location in Centre Mall, Nikol, Ahmedabad and Gujarat correctly.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0753700 of Punjab National Bank for its Nikol branch located in Centre Mall, Nikol, Ahmedabad, the following methods can help:
Cheque Book
The cheque book issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Punjab National Bank branches in Centre Mall, Nikol, Ahmedabad and Ahmedabad, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Punjab National Bank and navigate to the branch locator section. Search for Nikol or Centre Mall, Nikol, Ahmedabad to get the exact IFSC Code PUNB0753700.
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 keeps an updated list of all IFSC codes. If you search for Punjab National Bank and Centre Mall, Nikol, Ahmedabad, you'll get the correct details.
How to Use IFSC Code PUNB0753700 for Online Transfers?
If you have the IFSC Code PUNB0753700 for the Nikol branch of Punjab National Bank in Centre Mall, Nikol, Ahmedabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0753700. 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 PUNB0753700.
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 Nikol in Centre Mall, Nikol, Ahmedabad, 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 Nikol, 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 Centre Mall, Nikol, Ahmedabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0753700.
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 Shop No. 1 To 5, Platinum Plaza, Opp. City located in Centre Mall, Nikol, Ahmedabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.