Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab National Bank for its Raghunathpur branch in Dist-Khurda, Raghunathpur (Odisha), Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Punjab National Bank located in Dist-Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0737700. You should definitely 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, Raghunathpur, Dist-Khurda
Below in the table are the key details related to IFSC Code PUNB0737700 of Punjab National Bank for its branch located in Dist-Khurda, within the district of Raghunathpur (Odisha) in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0737700 |
| Branch | Raghunathpur |
| City | Dist-Khurda |
| District | Raghunathpur (Odisha) |
| State | Odisha |
| Address | At/Po-Raghunathpur |
These details help users in online banking and for businesses and individuals who use Punjab National Bank in Dist-Khurda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0737700 for the Raghunathpur 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 provided by the Reserve Bank of India. Every bank branch, along with Punjab National Bank located in Raghunathpur, Dist-Khurda, Odisha, are allotted a unique IFSC like PUNB0737700 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dist-Khurda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dist-Khurda and Raghunathpur (Odisha).
- 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 Raghunathpur reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code PUNB0737700
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 Raghunathpur in Dist-Khurda.
For example, the IFSC Code PUNB0737700 of Punjab National Bank for the Raghunathpur branch includes these elements, identifying the bank and the branch location in Dist-Khurda and Odisha correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0737700 of Punjab National Bank for its Raghunathpur branch located in Dist-Khurda, 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 Dist-Khurda and Raghunathpur (Odisha), 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 Raghunathpur or Dist-Khurda to find the exact IFSC Code PUNB0737700.
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 Dist-Khurda will provide accurate information.
How to Use IFSC Code PUNB0737700 for Online Transfers?
If you have the IFSC Code PUNB0737700 for the Raghunathpur branch of Punjab National Bank in Dist-Khurda, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0737700. 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 PUNB0737700.
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 Raghunathpur in Dist-Khurda, 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 Raghunathpur, 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 Dist-Khurda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0737700.
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 At/Po-Raghunathpur located in Dist-Khurda, Raghunathpur (Odisha), Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.