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 Panjim Goa branch in Dr. Pissurlekar Road, Panjim, Panjim, Goa, 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 Dr. Pissurlekar Road, Panjim or anywhere in Goa can transfer funds instantly by using the correct IFSC Code PUNB0292300. 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, Panjim Goa, Dr. Pissurlekar Road, Panjim
Here are the key points that are associated with the IFSC Code PUNB0292300 of Punjab National Bank for its branch located in Dr. Pissurlekar Road, Panjim, within the district of Panjim in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0292300 |
| Branch | Panjim Goa |
| City | Dr. Pissurlekar Road, Panjim |
| District | Panjim |
| State | Goa |
| Address | Calisto Mansion |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Dr. Pissurlekar Road, Panjim for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0292300 for the Panjim Goa 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 provided by the Reserve Bank of India. Every bank branch, along with Punjab National Bank located in Panjim Goa, Dr. Pissurlekar Road, Panjim, Goa, are allotted a unique IFSC like PUNB0292300 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dr. Pissurlekar Road, Panjim.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dr. Pissurlekar Road, Panjim and Panjim.
- 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 Panjim Goa reaches the right place, even though there are thousands of branches in Goa and across India.
Format of the IFSC Code PUNB0292300
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 Panjim Goa in Dr. Pissurlekar Road, Panjim.
For example, the IFSC Code PUNB0292300 of Punjab National Bank for the Panjim Goa branch includes these elements, identifying the bank and the branch location in Dr. Pissurlekar Road, Panjim and Goa accurately.
How to Find IFSC Code for Punjab National Bank?
If you are looking for the IFSC Code PUNB0292300 of Punjab National Bank for its Panjim Goa branch located in Dr. Pissurlekar Road, Panjim, 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 Dr. Pissurlekar Road, Panjim and Panjim, 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 Panjim Goa or Dr. Pissurlekar Road, Panjim to get the exact IFSC Code PUNB0292300.
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 Dr. Pissurlekar Road, Panjim, then it will provide you proper information.
How to Use IFSC Code PUNB0292300 for Online Transfers?
Once you have the IFSC Code PUNB0292300 for the Panjim Goa branch of Punjab National Bank in Dr. Pissurlekar Road, Panjim, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0292300. 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 PUNB0292300.
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 Panjim Goa in Dr. Pissurlekar Road, Panjim may result in delayed or failed transactions.
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 Panjim Goa, 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 Dr. Pissurlekar Road, Panjim manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0292300.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Calisto Mansion located in Dr. Pissurlekar Road, Panjim, Panjim, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
