IFSC Code of Punjab National Bank, Basipitha, Basipitha, Odisha — PUNB0090120

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Punjab National Bank for its Basipitha branch in Mayurbhanj, Basipitha, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Punjab National Bank located in Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0090120. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab National Bank, Basipitha, Mayurbhanj

Below in the table are the key details related to IFSC Code PUNB0090120 of Punjab National Bank for its branch located in Mayurbhanj, within the district of Basipitha in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Punjab National Bank in Mayurbhanj for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0090120 for the Basipitha 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 Basipitha, Mayurbhanj, Odisha, is provided a unique IFSC like PUNB0090120 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Punjab National Bank branch in Mayurbhanj.
• 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 Mayurbhanj and Basipitha.
• 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Basipitha do not get misguided to another person.

Format of the IFSC Code PUNB0090120

This is the format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Punjab National Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Basipitha in Mayurbhanj.

For example, the IFSC Code PUNB0090120 of Punjab National Bank for the Basipitha branch includes these elements, identifying the bank and the branch location in Mayurbhanj and Odisha accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0090120 of Punjab National Bank for its Basipitha branch located in Mayurbhanj, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including Punjab National Bank branches in Mayurbhanj and Basipitha, print them on the first page of your passbook.

Bank Website

Visit the official website of Punjab National Bank and navigate to the branch locator section. Search for Basipitha or Mayurbhanj to get the exact IFSC Code PUNB0090120.

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 keeps an updated list of all IFSC codes. If you search for Punjab National Bank and Mayurbhanj, you'll get the correct details.

How to Use IFSC Code PUNB0090120 for Online Transfers?

Once you have the IFSC Code PUNB0090120 for the Basipitha branch of Punjab National Bank in Mayurbhanj, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0090120. 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 PUNB0090120.

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 Basipitha in Mayurbhanj, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Punjab National Bank in Basipitha, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Punjab National Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Mayurbhanj manage online transfers as well as cheque clearances with ease.