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 Shahpura branch in Main Road Road, Near Police Thana, Shahganj, or Madhya Pradesh, 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 Main Road Road, Near Police Thana or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0689700. 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, Shahpura, Main Road Road, Near Police Thana
The table below shows the main details of the IFSC Code PUNB0689700 for the Punjab National Bank branch in Main Road Road, Near Police Thana, which falls under the Shahganj district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0689700 |
| Branch | Shahpura |
| City | Main Road Road, Near Police Thana |
| District | Shahganj |
| State | Madhya Pradesh |
| Address | Ward No-13, Deendayal Upadhyay Ward |
These details help users in online banking and for businesses and individuals who use Punjab National Bank in Main Road Road, Near Police Thana for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0689700 for the Shahpura branch of Punjab National Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Shahpura, Main Road Road, Near Police Thana, Madhya Pradesh, is provided a unique IFSC like PUNB0689700 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Punjab National Bank branch in Main Road Road, Near Police Thana.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Main Road Road, Near Police Thana and Shahganj.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Shahpura do not get misguided to another person.
Format of the IFSC Code PUNB0689700
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 Shahpura in Main Road Road, Near Police Thana.
For example, the IFSC Code PUNB0689700 of Punjab National Bank for the Shahpura branch has these elements, identifying the bank and the branch location in Main Road Road, Near Police Thana and Madhya Pradesh correctly.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0689700 of Punjab National Bank for its Shahpura branch located in Main Road Road, Near Police Thana, the following methods can help:
Cheque Book
The cheque books that are issued by Punjab National Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Punjab National Bank branches in Main Road Road, Near Police Thana and Shahganj, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Punjab National Bank and find the branch locator section. Search for Shahpura or Main Road Road, Near Police Thana to get the exact IFSC Code PUNB0689700.
Mobile Banking App
If you use Punjab National Bank's mobile app, you can easily 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 to help you in searching for Punjab National Bank and Main Road Road, Near Police Thana that will provide accurate information.
How to Use IFSC Code PUNB0689700 for Online Transfers?
Once you have the IFSC Code PUNB0689700 for the Shahpura branch of Punjab National Bank in Main Road Road, Near Police Thana, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0689700. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Punjab National Bank IFSC Code PUNB0689700.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab National Bank Shahpura in Main Road Road, Near Police Thana, it can 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 Shahpura, 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 Main Road Road, Near Police Thana to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0689700.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ward No-13, Deendayal Upadhyay Ward located in Main Road Road, Near Police Thana, Shahganj, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.