IFSC Code of Punjab National Bank, Katihar Daulat Ram Chowk, Katihar, Bihar — PUNB0196800

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Punjab National Bank for its Katihar Daulat Ram Chowk branch in Katihar, Katihar, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Punjab National Bank situated in Katihar or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code PUNB0196800. You should 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, Katihar Daulat Ram Chowk, Katihar

Here are some of the key details that come with the IFSC Code PUNB0196800 of Punjab National Bank for its branch located in Katihar, within the district of Katihar in the state of Bihar.

These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Katihar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0196800 for the Katihar Daulat Ram Chowk 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 that is provided by the Reserve Bank of India. A unique IFSC like PUNB0196800 is given to every bank branch, including Punjab National Bank located in Katihar Daulat Ram Chowk, Katihar, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Punjab National Bank branch in Katihar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Katihar and Katihar.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Katihar Daulat Ram Chowk doesn't end up at another location.

Format of the IFSC Code PUNB0196800

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 Katihar Daulat Ram Chowk in Katihar.

For example, the IFSC Code PUNB0196800 of Punjab National Bank for the Katihar Daulat Ram Chowk branch includes these elements, identifying the bank and the branch location in Katihar and Bihar accurately.

How to Find IFSC Code for Punjab National Bank?

If you are looking for the IFSC Code PUNB0196800 of Punjab National Bank for its Katihar Daulat Ram Chowk branch located in Katihar, the following methods can help:

Cheque Book

The cheque book that is issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Punjab National Bank branches in Katihar and Katihar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Punjab National Bank and look for the branch locator section, then search for Katihar Daulat Ram Chowk or Katihar to get the exact IFSC Code PUNB0196800.

Mobile Banking App

If you use Punjab National Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab National Bank and Katihar, then it will provide you proper information.

How to Use IFSC Code PUNB0196800 for Online Transfers?

Once you have the IFSC Code PUNB0196800 for the Katihar Daulat Ram Chowk branch of Punjab National Bank in Katihar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0196800. 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 PUNB0196800.

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 Katihar Daulat Ram Chowk in Katihar 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 Katihar Daulat Ram Chowk, 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 Katihar manage online transfers as well as cheque clearances with ease.