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 Chatabar-Distt-Khurda branch in Khordha, Chatabar-Distt Khurda,Orisaa, Odisha, 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 Khordha or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0172210. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Chatabar-Distt-Khurda, Khordha

Below in the table are the key details related to IFSC Code PUNB0172210 of Punjab National Bank for its branch located in Khordha, within the district of Chatabar-Distt Khurda,Orisaa in the state of Odisha.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0172210
Branch Chatabar-Distt-Khurda
City Khordha
District Chatabar-Distt Khurda,Orisaa
State Odisha
Address Plot No. 1870/2629, B Po - Mendhasal, Distt- 752059

These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Khordha for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0172210 for the Chatabar-Distt-Khurda 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 Chatabar-Distt-Khurda, Khordha, Odisha, are allotted a unique IFSC like PUNB0172210 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Punjab National Bank in Chatabar-Distt-Khurda reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code PUNB0172210

The format of the IFSC Code for banks, including Punjab National Bank, has 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 Chatabar-Distt-Khurda in Khordha.

For example, the IFSC Code PUNB0172210 of Punjab National Bank for the Chatabar-Distt-Khurda branch includes these elements, identifying the bank and the branch location in Khordha and Odisha correctly.

How to Find IFSC Code for Punjab National Bank?

If you are looking for the IFSC Code PUNB0172210 of Punjab National Bank for its Chatabar-Distt-Khurda branch located in Khordha, 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 Khordha and Chatabar-Distt Khurda,Orisaa, 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 Chatabar-Distt-Khurda or Khordha to get the exact IFSC Code PUNB0172210.

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 Khordha, then it will provide you proper information.

How to Use IFSC Code PUNB0172210 for Online Transfers?

Once you have the IFSC Code PUNB0172210 for the Chatabar-Distt-Khurda branch of Punjab National Bank in Khordha, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0172210. 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 PUNB0172210.

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 Chatabar-Distt-Khurda in Khordha, 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 Chatabar-Distt-Khurda, 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 Khordha to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Chatabar-Distt-Khurda, Khordha?

The IFSC Code is PUNB0172210.

Is the IFSC Code PUNB0172210 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Punjab National Bank Chatabar-Distt-Khurda?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Chatabar-Distt-Khurda branch?

The address of the branch is Plot No. 1870/2629, B Po - Mendhasal, Distt- 752059 located in Khordha, Chatabar-Distt Khurda,Orisaa, Odisha.

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.