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 Mehgaon branch in Dist: Katni, Mehgaon, Distt, Katni, Mp, Madhya Pradesh, 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 Dist: Katni or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0255200. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab National Bank, Mehgaon, Dist: Katni

Here are the main details that are associated with the IFSC Code PUNB0255200 of Punjab National Bank for its branch located in Dist: Katni, within the district of Mehgaon, Distt, Katni, Mp in the state of Madhya Pradesh.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0255200
Branch Mehgaon
City Dist: Katni
District Mehgaon, Distt, Katni, Mp
State Madhya Pradesh
Address Vill & Po Mehgaon

These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Dist: Katni for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0255200 for the Mehgaon 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, including Punjab National Bank located in Mehgaon, Dist: Katni, Madhya Pradesh, is provided with a unique IFSC like PUNB0255200 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Punjab National Bank branch in Dist: Katni.
  • 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 Dist: Katni and Mehgaon, Distt, Katni, Mp.
  • 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Mehgaon do not get mixed with another location.

Format of the IFSC Code PUNB0255200

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 Mehgaon in Dist: Katni.

For example, the IFSC Code PUNB0255200 of Punjab National Bank for the Mehgaon branch includes these elements, identifying the bank and the branch location in Dist: Katni and Madhya Pradesh correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0255200 of Punjab National Bank for its Mehgaon branch located in Dist: Katni, 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 Dist: Katni and Mehgaon, Distt, Katni, Mp, 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 Mehgaon or Dist: Katni to get the exact IFSC Code PUNB0255200.

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 Dist: Katni, you'll get the correct details.

How to Use IFSC Code PUNB0255200 for Online Transfers?

If you have the IFSC Code PUNB0255200 for the Mehgaon branch of Punjab National Bank in Dist: Katni, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0255200. 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 PUNB0255200.

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 Mehgaon in Dist: Katni, it may 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 Mehgaon, 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 Dist: Katni manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Mehgaon, Dist: Katni?

The IFSC Code is PUNB0255200.

Is the IFSC Code PUNB0255200 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 Mehgaon?

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 Mehgaon branch?

The address of the branch is Vill & Po Mehgaon located in Dist: Katni, Mehgaon, Distt, Katni, Mp, Madhya Pradesh.

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.