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 Chaumanu branch in Dhalai, Chaumani, Tripura, 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 Dhalai or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code PUNB0119920. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Chaumanu, Dhalai
Below in the table are the key details related to IFSC Code PUNB0119920 of Punjab National Bank for its branch located in Dhalai, within the district of Chaumani in the state of Tripura.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0119920 |
| Branch | Chaumanu |
| City | Dhalai |
| District | Chaumani |
| State | Tripura |
| Address | P.O Manughat Dhalai,Dist. Tripur(N) |
These details help users in online banking and for businesses and individuals who use Punjab National Bank in Dhalai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0119920 for the Chaumanu branch of Punjab National Bank has a very important 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 PUNB0119920 is given to every bank branch, including Punjab National Bank located in Chaumanu, Dhalai, Tripura, 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 Dhalai.
- 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 Dhalai and Chaumani.
- 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 Tripura and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Chaumanu doesn't end up at another location.
Format of the IFSC Code PUNB0119920
This is the format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Punjab National Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Chaumanu in Dhalai.
For example, the IFSC Code PUNB0119920 of Punjab National Bank for the Chaumanu branch includes these elements, identifying the bank and the branch location in Dhalai and Tripura accurately.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0119920 of Punjab National Bank for its Chaumanu branch located in Dhalai, 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 Dhalai and Chaumani, 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 Chaumanu or Dhalai to find the exact IFSC Code PUNB0119920.
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 Dhalai will provide accurate information.
How to Use IFSC Code PUNB0119920 for Online Transfers?
Once you have the IFSC Code PUNB0119920 for the Chaumanu branch of Punjab National Bank in Dhalai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0119920. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Punjab National Bank IFSC Code PUNB0119920.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab National Bank Chaumanu in Dhalai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Punjab National Bank in Chaumanu, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Punjab National Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Dhalai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0119920.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is P.O Manughat Dhalai,Dist. Tripur(N) located in Dhalai, Chaumani, Tripura.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.