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 Dhanwantri Nagar Jabalpur branch in 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 Jabalpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0934900. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Dhanwantri Nagar Jabalpur, Jabalpur
The table below shows the main details of the IFSC Code PUNB0934900 for the Punjab National Bank branch in Jabalpur, which falls under the Jabalpur district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0934900 |
| Branch | Dhanwantri Nagar Jabalpur |
| City | Jabalpur |
| District | Jabalpur |
| State | Madhya Pradesh |
| Address | Dr Urmila Rawat & Shri Saurabh Rawat Bank Chowraha Opp Union Bank Of India Mp Jabpu 482003 |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Jabalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0934900 for the Dhanwantri Nagar Jabalpur 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 Dhanwantri Nagar Jabalpur, Jabalpur, Madhya Pradesh, is provided with a unique IFSC like PUNB0934900 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Jabalpur.
- 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 Jabalpur and Jabalpur.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Dhanwantri Nagar Jabalpur do not get mixed with another location.
Format of the IFSC Code PUNB0934900
The format of the IFSC Code for banks, including Punjab National Bank, follows 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 Dhanwantri Nagar Jabalpur in Jabalpur.
For example, the IFSC Code PUNB0934900 of Punjab National Bank for the Dhanwantri Nagar Jabalpur branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0934900 of Punjab National Bank for its Dhanwantri Nagar Jabalpur branch located in 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
Most banks, including Punjab National Bank branches in Jabalpur and Jabalpur, 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 Dhanwantri Nagar Jabalpur or Jabalpur to get the exact IFSC Code PUNB0934900.
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 Jabalpur, you'll get the correct details.
How to Use IFSC Code PUNB0934900 for Online Transfers?
Once you have the IFSC Code PUNB0934900 for the Dhanwantri Nagar Jabalpur branch of Punjab National Bank in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0934900. 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 PUNB0934900.
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 Dhanwantri Nagar Jabalpur in Jabalpur 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 Dhanwantri Nagar Jabalpur, 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 Jabalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dhanwantri Nagar Jabalpur Jabalpur branch is PUNB0934900.
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 Dr Urmila Rawat & Shri Saurabh Rawat Bank Chowraha Opp Union Bank Of India Mp Jabpu 482003.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.