IFSC Code of Punjab National Bank, Padri Bazar, Gorakhpur, Uttar Pradesh — PUNB0594100

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 Padri Bazar branch in Gorakhpur, Gorakhpur, Uttar Pradesh, 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 Gorakhpur or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code PUNB0594100. 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, Padri Bazar, Gorakhpur

Here are the main details that are associated with the IFSC Code PUNB0594100 of Punjab National Bank for its branch located in Gorakhpur, within the district of Gorakhpur in the state of Uttar Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Gorakhpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0594100 for the Padri Bazar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Padri Bazar, Gorakhpur, Uttar Pradesh, is provided a unique IFSC like PUNB0594100 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Punjab National Bank branch in Gorakhpur.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Gorakhpur and Gorakhpur.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Padri Bazar do not get misguided to another person.

Format of the IFSC Code PUNB0594100

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 Padri Bazar in Gorakhpur.

For example, the IFSC Code PUNB0594100 of Punjab National Bank for the Padri Bazar branch includes these elements, identifying the bank and the branch location in Gorakhpur and Uttar Pradesh correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0594100 of Punjab National Bank for its Padri Bazar branch located in Gorakhpur, 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 Gorakhpur and Gorakhpur, 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 Padri Bazar or Gorakhpur to get the exact IFSC Code PUNB0594100.

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 Gorakhpur, you'll get the correct details.

How to Use IFSC Code PUNB0594100 for Online Transfers?

If you have the IFSC Code PUNB0594100 for the Padri Bazar branch of Punjab National Bank in Gorakhpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0594100. Transfers are processed in batches. 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. Asks for the recipient's account details and Punjab National Bank IFSC Code PUNB0594100.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Punjab National Bank Padri Bazar in Gorakhpur, it may result in delayed or failed transactions.

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 Padri Bazar, 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 Gorakhpur manage online transfers as well as cheque clearances with ease.