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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Punjab National Bank for its Delhi-Mayur Vihar branch in East, Delhi, or Delhi, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Punjab National Bank located in East or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code PUNB0112910. 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, Delhi-Mayur Vihar, East
Here are some of the key details that come with the IFSC Code PUNB0112910 of Punjab National Bank for its branch located in East, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0112910 |
| Branch | Delhi-Mayur Vihar |
| City | East |
| District | Delhi |
| State | Delhi |
| Address | Plot No-17,Block-B,Lsc Mayur Vihar 110092 |
These details help users in online banking and for businesses and individuals who use Punjab National Bank in East for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0112910 for the Delhi-Mayur Vihar 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 Delhi-Mayur Vihar, East, Delhi, are allotted a unique IFSC like PUNB0112910 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in East.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like East and Delhi.
- 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 Delhi-Mayur Vihar reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code PUNB0112910
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 Delhi-Mayur Vihar in East.
For example, the IFSC Code PUNB0112910 of Punjab National Bank for the Delhi-Mayur Vihar branch has these elements, identifying the bank and the branch location in East and Delhi correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0112910 of Punjab National Bank for its Delhi-Mayur Vihar branch located in East, 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 East and Delhi, 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 Delhi-Mayur Vihar or East to find the exact IFSC Code PUNB0112910.
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 East will provide accurate information.
How to Use IFSC Code PUNB0112910 for Online Transfers?
Once you have the IFSC Code PUNB0112910 for the Delhi-Mayur Vihar branch of Punjab National Bank in East, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0112910. 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 PUNB0112910.
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 Delhi-Mayur Vihar in East, your payment can get delayed or might not go through at all.
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 Delhi-Mayur Vihar, 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 East manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0112910.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No-17,Block-B,Lsc Mayur Vihar 110092 located in East, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
