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 Circle Office, Patna branch in Ii Nd Floor, Patna, Bihar, 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 Ii Nd Floor or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code PUNB0377100. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab National Bank, Circle Office, Patna, Ii Nd Floor
Below in the table are the key details related to IFSC Code PUNB0377100 of Punjab National Bank for its branch located in Ii Nd Floor, within the district of Patna in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0377100 |
| Branch | Circle Office, Patna |
| City | Ii Nd Floor |
| District | Patna |
| State | Bihar |
| Address | R-Block, Chanakya Place |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Ii Nd Floor for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0377100 for the Circle Office, Patna 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 Circle Office, Patna, Ii Nd Floor, Bihar, is provided with a unique IFSC like PUNB0377100 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Ii Nd Floor.
- 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 Ii Nd Floor and Patna.
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Circle Office, Patna do not get mixed with another location.
Format of the IFSC Code PUNB0377100
The format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Punjab National Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Circle Office, Patna in Ii Nd Floor.
For example, the IFSC Code PUNB0377100 of Punjab National Bank for the Circle Office, Patna branch includes these elements, identifying the bank and the branch location in Ii Nd Floor and Bihar accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0377100 of Punjab National Bank for its Circle Office, Patna branch located in Ii Nd Floor, 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 Ii Nd Floor and Patna, 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 Circle Office, Patna or Ii Nd Floor to get the exact IFSC Code PUNB0377100.
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 Ii Nd Floor, you'll get the correct details.
How to Use IFSC Code PUNB0377100 for Online Transfers?
Once you have the IFSC Code PUNB0377100 for the Circle Office, Patna branch of Punjab National Bank in Ii Nd Floor, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0377100. 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 PUNB0377100.
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 Circle Office, Patna in Ii Nd Floor, 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 Circle Office, Patna, 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 Ii Nd Floor manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0377100.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is R-Block, Chanakya Place located in Ii Nd Floor, Patna, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.