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 Taramandal branch in Gorakhpur, Gorakhpur, Uttar Pradesh, 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 Gorakhpur or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0995300. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Taramandal, Gorakhpur
Here are some of the key details that come with the IFSC Code PUNB0995300 of Punjab National Bank for its branch located in Gorakhpur, within the district of Gorakhpur in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0995300 |
| Branch | Taramandal |
| City | Gorakhpur |
| District | Gorakhpur |
| State | Uttar Pradesh |
| Address | Taramandal, Po Shiddarth Enclave Gorakhpur Uttar Pradesh 273017 |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Gorakhpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0995300 for the Taramandal 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, along with Punjab National Bank located in Taramandal, Gorakhpur, Uttar Pradesh, are allotted a unique IFSC like PUNB0995300 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gorakhpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gorakhpur and Gorakhpur.
- 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 Taramandal reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.
Format of the IFSC Code PUNB0995300
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 Taramandal in Gorakhpur.
For example, the IFSC Code PUNB0995300 of Punjab National Bank for the Taramandal 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?
To find the IFSC Code PUNB0995300 of Punjab National Bank for its Taramandal branch located in Gorakhpur, 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 Gorakhpur and Gorakhpur, 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 Taramandal or Gorakhpur to find the exact IFSC Code PUNB0995300.
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 Gorakhpur will provide accurate information.
How to Use IFSC Code PUNB0995300 for Online Transfers?
If you have the IFSC Code PUNB0995300 for the Taramandal 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 PUNB0995300. 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 PUNB0995300.
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 Taramandal in Gorakhpur, it may 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 Taramandal, 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 Gorakhpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Taramandal Gorakhpur branch is PUNB0995300.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Taramandal, Po Shiddarth Enclave Gorakhpur Uttar Pradesh 273017.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.