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 Lakhura, Distt. East Champaran branch in Distt. East Champaran, Bihar, East Champaran, Bihar, 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 Distt. East Champaran, Bihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code PUNB0156200. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Lakhura, Distt. East Champaran, Distt. East Champaran, Bihar
Here are some of the key details that come with the IFSC Code PUNB0156200 of Punjab National Bank for its branch located in Distt. East Champaran, Bihar, within the district of East Champaran, Bihar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0156200 |
| Branch | Lakhura, Distt. East Champaran |
| City | Distt. East Champaran, Bihar |
| District | East Champaran, Bihar |
| State | Bihar |
| Address | Post Lakhura |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Distt. East Champaran, Bihar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0156200 for the Lakhura, Distt. East Champaran branch of Punjab National Bank has an 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 PUNB0156200 is given to every bank branch, including Punjab National Bank located in Lakhura, Distt. East Champaran, Distt. East Champaran, Bihar, 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 Distt. East Champaran, Bihar.
- 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 Distt. East Champaran, Bihar and East Champaran, Bihar.
- 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 Lakhura, Distt. East Champaran doesn't end up at another location.
Format of the IFSC Code PUNB0156200
The format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Punjab National Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Lakhura, Distt. East Champaran in Distt. East Champaran, Bihar.
For example, the IFSC Code PUNB0156200 of Punjab National Bank for the Lakhura, Distt. East Champaran branch includes these elements, identifying the bank and the branch location in Distt. East Champaran, Bihar and Bihar accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0156200 of Punjab National Bank for its Lakhura, Distt. East Champaran branch located in Distt. East Champaran, Bihar, 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
You can easily find the IFSC and MICR codes because most banks, including Punjab National Bank branches in Distt. East Champaran, Bihar and East Champaran, Bihar, print them 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 Lakhura, Distt. East Champaran or Distt. East Champaran, Bihar to get the exact IFSC Code PUNB0156200.
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 Distt. East Champaran, Bihar, you'll get the correct details.
How to Use IFSC Code PUNB0156200 for Online Transfers?
Once you have the IFSC Code PUNB0156200 for the Lakhura, Distt. East Champaran branch of Punjab National Bank in Distt. East Champaran, Bihar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0156200. 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 PUNB0156200.
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 Lakhura, Distt. East Champaran in Distt. East Champaran, Bihar 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 Lakhura, Distt. East Champaran, 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 Distt. East Champaran, Bihar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0156200.
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 Post Lakhura located in Distt. East Champaran, Bihar, East Champaran, Bihar, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.