For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Punjab National Bank for its Mumbai Worli Sea Face branch in Ghani Abdul Gaffar Khan Rd Worli Sea Face, Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Punjab National Bank located in Ghani Abdul Gaffar Khan Rd Worli Sea Face or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PUNB0374000. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab National Bank, Mumbai Worli Sea Face, Ghani Abdul Gaffar Khan Rd Worli Sea Face
Here are some of the key details that come with the IFSC Code PUNB0374000 of Punjab National Bank for its branch located in Ghani Abdul Gaffar Khan Rd Worli Sea Face, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0374000 |
| Branch | Mumbai Worli Sea Face |
| City | Ghani Abdul Gaffar Khan Rd Worli Sea Face |
| District | Mumbai |
| State | Maharashtra |
| Address | 9A, Sportsfield Society |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Ghani Abdul Gaffar Khan Rd Worli Sea Face for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0374000 for the Mumbai Worli Sea Face 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, including Punjab National Bank located in Mumbai Worli Sea Face, Ghani Abdul Gaffar Khan Rd Worli Sea Face, Maharashtra, is provided with a unique IFSC like PUNB0374000 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Ghani Abdul Gaffar Khan Rd Worli Sea Face.
- 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 Ghani Abdul Gaffar Khan Rd Worli Sea Face and Mumbai.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Mumbai Worli Sea Face do not get mixed with another location.
Format of the IFSC Code PUNB0374000
The format of the IFSC Code for banks, including Punjab National Bank, has 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 Mumbai Worli Sea Face in Ghani Abdul Gaffar Khan Rd Worli Sea Face.
For example, the IFSC Code PUNB0374000 of Punjab National Bank for the Mumbai Worli Sea Face branch includes these elements, identifying the bank and the branch location in Ghani Abdul Gaffar Khan Rd Worli Sea Face and Maharashtra correctly.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0374000 of Punjab National Bank for its Mumbai Worli Sea Face branch located in Ghani Abdul Gaffar Khan Rd Worli Sea Face, 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
Most banks, including Punjab National Bank branches in Ghani Abdul Gaffar Khan Rd Worli Sea Face and Mumbai, print the IFSC and MICR codes 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 Mumbai Worli Sea Face or Ghani Abdul Gaffar Khan Rd Worli Sea Face to get the exact IFSC Code PUNB0374000.
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 Ghani Abdul Gaffar Khan Rd Worli Sea Face, you'll get the correct details.
How to Use IFSC Code PUNB0374000 for Online Transfers?
Once you have the IFSC Code PUNB0374000 for the Mumbai Worli Sea Face branch of Punjab National Bank in Ghani Abdul Gaffar Khan Rd Worli Sea Face, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0374000. 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 PUNB0374000.
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 Mumbai Worli Sea Face in Ghani Abdul Gaffar Khan Rd Worli Sea Face, 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 Mumbai Worli Sea Face, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Ghani Abdul Gaffar Khan Rd Worli Sea Face to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0374000.
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 9A, Sportsfield Society located in Ghani Abdul Gaffar Khan Rd Worli Sea Face, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.