Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab National Bank for its Gurugram- Basai Road branch in Gurgaon, Gurugram, Haryana, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Punjab National Bank located in Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code PUNB0102310. You should definitely 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, Gurugram- Basai Road, Gurgaon
Here are the main details that are associated with the IFSC Code PUNB0102310 of Punjab National Bank for its branch located in Gurgaon, within the district of Gurugram in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0102310 |
| Branch | Gurugram- Basai Road |
| City | Gurgaon |
| District | Gurugram |
| State | Haryana |
| Address | 763/25, Basai Road 122001 |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Gurgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0102310 for the Gurugram- Basai Road 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 Gurugram- Basai Road, Gurgaon, Haryana, are allotted a unique IFSC like PUNB0102310 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gurgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gurgaon and Gurugram.
- 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 Gurugram- Basai Road reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code PUNB0102310
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 Gurugram- Basai Road in Gurgaon.
For example, the IFSC Code PUNB0102310 of Punjab National Bank for the Gurugram- Basai Road branch includes these elements, identifying the bank and the branch location in Gurgaon and Haryana correctly.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0102310 of Punjab National Bank for its Gurugram- Basai Road branch located in Gurgaon, 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 Gurgaon and Gurugram, 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 Gurugram- Basai Road or Gurgaon to get the exact IFSC Code PUNB0102310.
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 Gurgaon, you'll get the correct details.
How to Use IFSC Code PUNB0102310 for Online Transfers?
Once you have the IFSC Code PUNB0102310 for the Gurugram- Basai Road branch of Punjab National Bank in Gurgaon, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0102310. Transfers are processed in batches. This is 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. Requires the recipient's account details and Punjab National Bank IFSC Code PUNB0102310.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Punjab National Bank Gurugram- Basai Road in Gurgaon 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 Gurugram- Basai Road, 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 Gurgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0102310.
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 763/25, Basai Road 122001 located in Gurgaon, Gurugram, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.