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 Vallabh Vidyanagar branch in Engineering Colege Iscon Mandir Road, Vallabh Vidyanagar, Gujarat, 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 Engineering Colege Iscon Mandir Road or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code PUNB0695200. 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, Vallabh Vidyanagar, Engineering Colege Iscon Mandir Road
Below in the table are the key details related to IFSC Code PUNB0695200 of Punjab National Bank for its branch located in Engineering Colege Iscon Mandir Road, within the district of Vallabh Vidyanagar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0695200 |
| Branch | Vallabh Vidyanagar |
| City | Engineering Colege Iscon Mandir Road |
| District | Vallabh Vidyanagar |
| State | Gujarat |
| Address | Ground Floor, Vidhya Bhavan Complex B/H Bvm |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Engineering Colege Iscon Mandir Road for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0695200 for the Vallabh Vidyanagar branch of Punjab National Bank is vital.
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 Vallabh Vidyanagar, Engineering Colege Iscon Mandir Road, Gujarat, are allotted a unique IFSC like PUNB0695200 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Engineering Colege Iscon Mandir Road.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Engineering Colege Iscon Mandir Road and Vallabh Vidyanagar.
- 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 Vallabh Vidyanagar reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code PUNB0695200
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 Vallabh Vidyanagar in Engineering Colege Iscon Mandir Road.
For example, the IFSC Code PUNB0695200 of Punjab National Bank for the Vallabh Vidyanagar branch includes these elements, identifying the bank and the branch location in Engineering Colege Iscon Mandir Road and Gujarat accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0695200 of Punjab National Bank for its Vallabh Vidyanagar branch located in Engineering Colege Iscon Mandir Road, 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 Engineering Colege Iscon Mandir Road and Vallabh Vidyanagar, 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 Vallabh Vidyanagar or Engineering Colege Iscon Mandir Road to get the exact IFSC Code PUNB0695200.
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 Engineering Colege Iscon Mandir Road, you'll get the correct details.
How to Use IFSC Code PUNB0695200 for Online Transfers?
Once you have the IFSC Code PUNB0695200 for the Vallabh Vidyanagar branch of Punjab National Bank in Engineering Colege Iscon Mandir Road, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0695200. 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 PUNB0695200.
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 Vallabh Vidyanagar in Engineering Colege Iscon Mandir Road, 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 Vallabh Vidyanagar, 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 Engineering Colege Iscon Mandir Road manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0695200.
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 Ground Floor, Vidhya Bhavan Complex B/H Bvm located in Engineering Colege Iscon Mandir Road, Vallabh Vidyanagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.