IFSC Code of Punjab National Bank, Rairangpur Dist-Mayurbhanj, Mayurbhanj, Odisha — PUNB0159210

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 Rairangpur Dist-Mayurbhanj branch in Mayurbhanj, Mayurbhanj, 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 Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0159210. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Rairangpur Dist-Mayurbhanj, Mayurbhanj

Here are some of the key details that come with the IFSC Code PUNB0159210 of Punjab National Bank for its branch located in Mayurbhanj, within the district of Mayurbhanj 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 PUNB0159210 for the Rairangpur Dist-Mayurbhanj 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Rairangpur Dist-Mayurbhanj, Mayurbhanj, Odisha, is provided with a unique IFSC like PUNB0159210 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Punjab National Bank branch in Mayurbhanj.
• 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 Mayurbhanj and Mayurbhanj.
• 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Rairangpur Dist-Mayurbhanj do not get mixed with another location.

Format of the IFSC Code PUNB0159210

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

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Punjab National Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rairangpur Dist-Mayurbhanj in Mayurbhanj.

For example, the IFSC Code PUNB0159210 of Punjab National Bank for the Rairangpur Dist-Mayurbhanj 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 PUNB0159210 of Punjab National Bank for its Rairangpur Dist-Mayurbhanj 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 Mayurbhanj, 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 Rairangpur Dist-Mayurbhanj or Mayurbhanj to get the exact IFSC Code PUNB0159210.

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 PUNB0159210 for Online Transfers?

If you have the IFSC Code PUNB0159210 for the Rairangpur Dist-Mayurbhanj branch of Punjab National Bank in Mayurbhanj, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0159210. 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 PUNB0159210.

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 Rairangpur Dist-Mayurbhanj in Mayurbhanj, 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 Rairangpur Dist-Mayurbhanj, 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 Mayurbhanj to handle online money transfers and get their cheques cleared smoothly.