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 Barbil branch in Dist- Keonjhar, Barbil (Orrisa), Odisha, 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 Dist- Keonjhar or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code PUNB0461700. 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, Barbil, Dist- Keonjhar

Here are the key points that are associated with the IFSC Code PUNB0461700 of Punjab National Bank for its branch located in Dist- Keonjhar, within the district of Barbil (Orrisa) in the state of Odisha.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0461700
Branch Barbil
City Dist- Keonjhar
District Barbil (Orrisa)
State Odisha
Address Station Road Barbil P.O- Matkambeda

These details help users in online banking and for businesses and individuals who use Punjab National Bank in Dist- Keonjhar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0461700 for the Barbil 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 PUNB0461700 is given to every bank branch, including Punjab National Bank located in Barbil, Dist- Keonjhar, Odisha, 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 Dist- Keonjhar.
  • 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 Dist- Keonjhar and Barbil (Orrisa).
  • 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Barbil doesn't end up at another location.

Format of the IFSC Code PUNB0461700

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 Barbil in Dist- Keonjhar.

For example, the IFSC Code PUNB0461700 of Punjab National Bank for the Barbil branch includes these elements, identifying the bank and the branch location in Dist- Keonjhar and Odisha accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0461700 of Punjab National Bank for its Barbil branch located in Dist- Keonjhar, the following methods can help:

Cheque Book

The cheque books that are issued by Punjab National Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Punjab National Bank branches in Dist- Keonjhar and Barbil (Orrisa), print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Punjab National Bank and find the branch locator section. Search for Barbil or Dist- Keonjhar to get the exact IFSC Code PUNB0461700.

Mobile Banking App

If you use Punjab National Bank's mobile app, you can easily 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 to help you in searching for Punjab National Bank and Dist- Keonjhar that will provide accurate information.

How to Use IFSC Code PUNB0461700 for Online Transfers?

Once you have the IFSC Code PUNB0461700 for the Barbil branch of Punjab National Bank in Dist- Keonjhar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0461700. 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 PUNB0461700.

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 Barbil in Dist- Keonjhar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Punjab National Bank in Barbil, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Dist- Keonjhar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Barbil, Dist- Keonjhar?

The IFSC Code is PUNB0461700.

Is the IFSC Code PUNB0461700 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 Barbil?

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 Barbil branch?

The address of the branch is Station Road Barbil P.O- Matkambeda located in Dist- Keonjhar, Barbil (Orrisa), Odisha.

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.