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 Majhgaon, Distt. Rewa (Mp) branch in Majhgaon,Teonther, Distt. Rewa (Mp), Majhgaon,Teonther, Distt. Rewa (Mp), Madhya Pradesh, 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 Majhgaon,Teonther, Distt. Rewa (Mp) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0216800. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab National Bank, Majhgaon, Distt. Rewa (Mp), Majhgaon,Teonther, Distt. Rewa (Mp)
Here are some of the key details that come with the IFSC Code PUNB0216800 of Punjab National Bank for its branch located in Majhgaon,Teonther, Distt. Rewa (Mp), within the district of Majhgaon,Teonther, Distt. Rewa (Mp) in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0216800 |
| Branch | Majhgaon, Distt. Rewa (Mp) |
| City | Majhgaon,Teonther, Distt. Rewa (Mp) |
| District | Majhgaon,Teonther, Distt. Rewa (Mp) |
| State | Madhya Pradesh |
| Address | Majhgaon Distt. Rewa |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Majhgaon,Teonther, Distt. Rewa (Mp) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0216800 for the Majhgaon, Distt. Rewa (Mp) 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 Majhgaon, Distt. Rewa (Mp), Majhgaon,Teonther, Distt. Rewa (Mp), Madhya Pradesh, are given a unique IFSC like PUNB0216800 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Majhgaon,Teonther, Distt. Rewa (Mp).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Majhgaon,Teonther, Distt. Rewa (Mp) and Majhgaon,Teonther, Distt. Rewa (Mp).
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Punjab National Bank in Majhgaon, Distt. Rewa (Mp) goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code PUNB0216800
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 Majhgaon, Distt. Rewa (Mp) in Majhgaon,Teonther, Distt. Rewa (Mp).
For example, the IFSC Code PUNB0216800 of Punjab National Bank for the Majhgaon, Distt. Rewa (Mp) branch includes these elements, identifying the bank and the branch location in Majhgaon,Teonther, Distt. Rewa (Mp) and Madhya Pradesh accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0216800 of Punjab National Bank for its Majhgaon, Distt. Rewa (Mp) branch located in Majhgaon,Teonther, Distt. Rewa (Mp), 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 Majhgaon,Teonther, Distt. Rewa (Mp) and Majhgaon,Teonther, Distt. Rewa (Mp), 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 Majhgaon, Distt. Rewa (Mp) or Majhgaon,Teonther, Distt. Rewa (Mp) to get the exact IFSC Code PUNB0216800.
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 Majhgaon,Teonther, Distt. Rewa (Mp) that will provide accurate information.
How to Use IFSC Code PUNB0216800 for Online Transfers?
Once you have the IFSC Code PUNB0216800 for the Majhgaon, Distt. Rewa (Mp) branch of Punjab National Bank in Majhgaon,Teonther, Distt. Rewa (Mp), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0216800. 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 PUNB0216800.
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 Majhgaon, Distt. Rewa (Mp) in Majhgaon,Teonther, Distt. Rewa (Mp) 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 Majhgaon, Distt. Rewa (Mp), 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 Majhgaon,Teonther, Distt. Rewa (Mp) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Majhgaon, Distt. Rewa (Mp) Majhgaon,Teonther, Distt. Rewa (Mp) branch is PUNB0216800.
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 Majhgaon Distt. Rewa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.