IFSC Code of Punjab National Bank, M.G.Road,Katihar, Katihar, Bihar — PUNB0028200

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Punjab National Bank for its M.G.Road,Katihar branch in Katihar, Katihar, or Bihar, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Punjab National Bank located in Katihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code PUNB0028200. 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, M.G.Road,Katihar, Katihar

Here are the main details that are associated with the IFSC Code PUNB0028200 of Punjab National Bank for its branch located in Katihar, within the district of Katihar in the state of Bihar.

These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Katihar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0028200 for the M.G.Road,Katihar branch of Punjab National Bank has 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, including Punjab National Bank located in M.G.Road,Katihar, Katihar, Bihar, is provided with a unique IFSC like PUNB0028200 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Katihar and Katihar.
• 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 M.G.Road,Katihar do not get mixed with another location.

Format of the IFSC Code PUNB0028200

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): These represent the bank code. In Punjab National Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like M.G.Road,Katihar in Katihar.

For example, the IFSC Code PUNB0028200 of Punjab National Bank for the M.G.Road,Katihar branch has these elements, identifying the bank and the branch location in Katihar and Bihar correctly.

How to Find IFSC Code for Punjab National Bank?

To find the IFSC Code PUNB0028200 of Punjab National Bank for its M.G.Road,Katihar branch located in Katihar, the following methods can help you out:

Cheque Book

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

Passbook

Most 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

Visit the official website of Punjab National Bank and go to the branch locator section. Then search for M.G.Road,Katihar or Katihar to find the exact IFSC Code PUNB0028200.

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 maintains an updated database of all IFSC codes. Searching for Punjab National Bank and Katihar will provide accurate information.

How to Use IFSC Code PUNB0028200 for Online Transfers?

If you have the IFSC Code PUNB0028200 for the M.G.Road,Katihar branch of Punjab National Bank in Katihar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0028200. 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 PUNB0028200.

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 M.G.Road,Katihar in Katihar, it 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 M.G.Road,Katihar, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Katihar to handle online money transfers and get their cheques cleared smoothly.