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 Circle Sastra Centre Darbhanga branch in Darbhanga, Darbhanga, 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 Darbhanga or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code PUNB0821700. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Circle Sastra Centre Darbhanga, Darbhanga
Below in the table are the key details related to IFSC Code PUNB0821700 of Punjab National Bank for its branch located in Darbhanga, within the district of Darbhanga in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0821700 |
| Branch | Circle Sastra Centre Darbhanga |
| City | Darbhanga |
| District | Darbhanga |
| State | Bihar |
| Address | 5 G M Road Near Radio Station Darbhanga Bh Darbh |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Darbhanga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0821700 for the Circle Sastra Centre Darbhanga 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 that is provided by the Reserve Bank of India. A unique IFSC like PUNB0821700 is given to every bank branch, including Punjab National Bank located in Circle Sastra Centre Darbhanga, Darbhanga, Bihar, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Darbhanga.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Darbhanga and Darbhanga.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Circle Sastra Centre Darbhanga doesn't end up at another location.
Format of the IFSC Code PUNB0821700
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): 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 Darbhanga in Darbhanga.
For example, the IFSC Code PUNB0821700 of Punjab National Bank for the Circle Sastra Centre Darbhanga branch includes these elements, identifying the bank and the branch location in Darbhanga and Bihar accurately.
How to Find IFSC Code for Punjab National Bank?
If you are looking for the IFSC Code PUNB0821700 of Punjab National Bank for its Circle Sastra Centre Darbhanga branch located in Darbhanga, 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 Darbhanga and Darbhanga, 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 Darbhanga or Darbhanga to get the exact IFSC Code PUNB0821700.
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 Darbhanga, then it will provide you proper information.
How to Use IFSC Code PUNB0821700 for Online Transfers?
Once you have the IFSC Code PUNB0821700 for the Circle Sastra Centre Darbhanga branch of Punjab National Bank in Darbhanga, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0821700. 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 PUNB0821700.
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 Circle Sastra Centre Darbhanga in Darbhanga 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 Circle Sastra Centre Darbhanga, 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 Darbhanga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0821700.
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 5 G M Road Near Radio Station Darbhanga Bh Darbh located in Darbhanga, Darbhanga, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.