IFSC Code of Punjab National Bank, Pennadam, Eraiyur, Eraiyur, Tamil Nadu — PUNB0170200

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 Pennadam, Eraiyur branch in Eraiyur, Eraiyur, Tamil Nadu, 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 Eraiyur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code PUNB0170200. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab National Bank, Pennadam, Eraiyur, Eraiyur

Here are some of the key details that come with the IFSC Code PUNB0170200 of Punjab National Bank for its branch located in Eraiyur, within the district of Eraiyur in the state of Tamil Nadu.

These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Eraiyur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0170200 for the Pennadam, Eraiyur 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, including Punjab National Bank located in Pennadam, Eraiyur, Eraiyur, Tamil Nadu, is provided with a unique IFSC like PUNB0170200 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Punjab National Bank branch in Eraiyur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Eraiyur and Eraiyur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Pennadam, Eraiyur do not get mixed with another location.

Format of the IFSC Code PUNB0170200

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): Show the bank code. For Punjab National Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pennadam, Eraiyur in Eraiyur.

For example, the IFSC Code PUNB0170200 of Punjab National Bank for the Pennadam, Eraiyur branch includes these elements, identifying the bank and the branch location in Eraiyur and Tamil Nadu accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0170200 of Punjab National Bank for its Pennadam, Eraiyur branch located in Eraiyur, 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 Eraiyur and Eraiyur, 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 Pennadam, Eraiyur or Eraiyur to get the exact IFSC Code PUNB0170200.

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 Eraiyur, you'll get the correct details.

How to Use IFSC Code PUNB0170200 for Online Transfers?

Once you have the IFSC Code PUNB0170200 for the Pennadam, Eraiyur branch of Punjab National Bank in Eraiyur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0170200. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Punjab National Bank IFSC Code PUNB0170200.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab National Bank Pennadam, Eraiyur in Eraiyur, it can 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 Pennadam, Eraiyur, 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 Eraiyur manage online transfers as well as cheque clearances with ease.