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IFSC Code of Punjab National Bank, Jabalpur, Mahatma Gandhi Rural, Jabalpur, Madhya Pradesh — PUNB0617500

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 Jabalpur, Mahatma Gandhi Rural branch in Institution, Adhartal, Jabalpur, Jabalpur, Madhya 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 Institution, Adhartal, Jabalpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0617500. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab National Bank, Jabalpur, Mahatma Gandhi Rural, Institution, Adhartal, Jabalpur

Here are the key points that are associated with the IFSC Code PUNB0617500 of Punjab National Bank for its branch located in Institution, Adhartal, Jabalpur, within the district of Jabalpur in the state of Madhya Pradesh.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0617500
Branch Jabalpur, Mahatma Gandhi Rural
City Institution, Adhartal, Jabalpur
District Jabalpur
State Madhya Pradesh
Address Jabalpur ,Mahatma Gandhi Rural Development

These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Institution, Adhartal, Jabalpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0617500 for the Jabalpur, Mahatma Gandhi Rural branch of Punjab National Bank plays an important 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 Jabalpur, Mahatma Gandhi Rural, Institution, Adhartal, Jabalpur, Madhya Pradesh, are given a unique IFSC like PUNB0617500 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Institution, Adhartal, Jabalpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Institution, Adhartal, Jabalpur and Jabalpur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Punjab National Bank in Jabalpur, Mahatma Gandhi Rural goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PUNB0617500

This is the format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Punjab National Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Jabalpur, Mahatma Gandhi Rural in Institution, Adhartal, Jabalpur.

For example, the IFSC Code PUNB0617500 of Punjab National Bank for the Jabalpur, Mahatma Gandhi Rural branch includes these elements, identifying the bank and the branch location in Institution, Adhartal, Jabalpur and Madhya Pradesh accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0617500 of Punjab National Bank for its Jabalpur, Mahatma Gandhi Rural branch located in Institution, Adhartal, Jabalpur, 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 Institution, Adhartal, Jabalpur and Jabalpur, 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 Jabalpur, Mahatma Gandhi Rural or Institution, Adhartal, Jabalpur to get the exact IFSC Code PUNB0617500.

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 Institution, Adhartal, Jabalpur, you'll get the correct details.

How to Use IFSC Code PUNB0617500 for Online Transfers?

If you have the IFSC Code PUNB0617500 for the Jabalpur, Mahatma Gandhi Rural branch of Punjab National Bank in Institution, Adhartal, Jabalpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0617500. 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 PUNB0617500.

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 Jabalpur, Mahatma Gandhi Rural in Institution, Adhartal, Jabalpur, 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 Jabalpur, Mahatma Gandhi Rural, 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 Institution, Adhartal, Jabalpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank Jabalpur, Mahatma Gandhi Rural Institution, Adhartal, Jabalpur?

The IFSC Code of the Jabalpur, Mahatma Gandhi Rural Institution, Adhartal, Jabalpur branch is PUNB0617500.

Is IFSC Code PUNB0617500 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Punjab National Bank Jabalpur, Mahatma Gandhi Rural branch?

The branch is located at Jabalpur ,Mahatma Gandhi Rural Development.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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