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 Feroze Shah, Distt. Ferozepur branch in Distt, Firozpur, Punjab, 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 or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code PUNB0100000. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Feroze Shah, Distt. Ferozepur, Distt
Here are some of the key details that come with the IFSC Code PUNB0100000 of Punjab National Bank for its branch located in Distt, within the district of Firozpur in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0100000 |
| Branch | Feroze Shah, Distt. Ferozepur |
| City | Distt |
| District | Firozpur |
| State | Punjab |
| Address | Vill And Po Feroze Shah |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Distt for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0100000 for the Feroze Shah, Distt. Ferozepur 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 PUNB0100000 is given to every bank branch, including Punjab National Bank located in Feroze Shah, Distt. Ferozepur, Distt, Punjab, 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.
- 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 and Firozpur.
- 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Feroze Shah, Distt. Ferozepur doesn't end up at another location.
Format of the IFSC Code PUNB0100000
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 Feroze Shah, Distt. Ferozepur in Distt.
For example, the IFSC Code PUNB0100000 of Punjab National Bank for the Feroze Shah, Distt. Ferozepur branch includes these elements, identifying the bank and the branch location in Distt and Punjab accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0100000 of Punjab National Bank for its Feroze Shah, Distt. Ferozepur branch located in Distt, 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 and Firozpur, 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 Feroze Shah, Distt. Ferozepur or Distt to get the exact IFSC Code PUNB0100000.
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, you'll get the correct details.
How to Use IFSC Code PUNB0100000 for Online Transfers?
Once you have the IFSC Code PUNB0100000 for the Feroze Shah, Distt. Ferozepur branch of Punjab National Bank in Distt, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0100000. The transfer is completed in batches instead of instantly. It is useful for both 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 PUNB0100000.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Punjab National Bank Feroze Shah, Distt. Ferozepur in Distt, your payment can get delayed or might not go through at all.
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 Feroze Shah, Distt. Ferozepur, 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 manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Feroze Shah, Distt. Ferozepur Distt branch is PUNB0100000.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Vill And Po Feroze Shah.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.