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 Persauninath, Distt. Muzaffar branch in Distt. Muzaffarpur, Muzaffarpur, Bihar, 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 Distt. Muzaffarpur or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code PUNB0169400. 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, Persauninath, Distt. Muzaffar, Distt. Muzaffarpur
Here are the main details that are associated with the IFSC Code PUNB0169400 of Punjab National Bank for its branch located in Distt. Muzaffarpur, within the district of Muzaffarpur in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0169400 |
| Branch | Persauninath, Distt. Muzaffar |
| City | Distt. Muzaffarpur |
| District | Muzaffarpur |
| State | Bihar |
| Address | Post Rampur Mina, Via Motipur |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Distt. Muzaffarpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0169400 for the Persauninath, Distt. Muzaffar branch of Punjab National Bank plays a vital 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 Persauninath, Distt. Muzaffar, Distt. Muzaffarpur, Bihar, are given a unique IFSC like PUNB0169400 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Distt. Muzaffarpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Distt. Muzaffarpur and Muzaffarpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Punjab National Bank in Persauninath, Distt. Muzaffar goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code PUNB0169400
The format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Punjab National Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Persauninath, Distt. Muzaffar in Distt. Muzaffarpur.
For example, the IFSC Code PUNB0169400 of Punjab National Bank for the Persauninath, Distt. Muzaffar branch has these elements, identifying the bank and the branch location in Distt. Muzaffarpur and Bihar correctly.
How to Find IFSC Code for Punjab National Bank?
If you are looking for the IFSC Code PUNB0169400 of Punjab National Bank for its Persauninath, Distt. Muzaffar branch located in Distt. Muzaffarpur, the following methods can help:
Cheque Book
The cheque book that is issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Punjab National Bank branches in Distt. Muzaffarpur and Muzaffarpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Punjab National Bank and look for the branch locator section, then search for Persauninath, Distt. Muzaffar or Distt. Muzaffarpur to get the exact IFSC Code PUNB0169400.
Mobile Banking App
If you use Punjab National Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab National Bank and Distt. Muzaffarpur, then it will provide you proper information.
How to Use IFSC Code PUNB0169400 for Online Transfers?
Once you have the IFSC Code PUNB0169400 for the Persauninath, Distt. Muzaffar branch of Punjab National Bank in Distt. Muzaffarpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0169400. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 PUNB0169400.
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 Persauninath, Distt. Muzaffar in Distt. Muzaffarpur, your payment can get delayed or might not go through at all.
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 Persauninath, Distt. Muzaffar, 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 Distt. Muzaffarpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0169400.
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 Rampur Mina, Via Motipur located in Distt. Muzaffarpur, Muzaffarpur, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.