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 Daurala Cane Co-Op. Sty Meerut branch in Meerut (U.P.), Meerut, Uttar Pradesh, 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 Meerut (U.P.) or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0471700. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Daurala Cane Co-Op. Sty Meerut, Meerut (U.P.)
The table below shows the main details of the IFSC Code PUNB0471700 for the Punjab National Bank branch in Meerut (U.P.), which falls under the Meerut district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0471700 |
| Branch | Daurala Cane Co-Op. Sty Meerut |
| City | Meerut (U.P.) |
| District | Meerut |
| State | Uttar Pradesh |
| Address | Daurala Cane Society, Roorkee Road |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Meerut (U.P.) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0471700 for the Daurala Cane Co-Op. Sty Meerut branch of Punjab National Bank has 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 Daurala Cane Co-Op. Sty Meerut, Meerut (U.P.), Uttar Pradesh, are given a unique IFSC like PUNB0471700 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Meerut (U.P.).
- 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 Meerut (U.P.) and Meerut.
- 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 Daurala Cane Co-Op. Sty Meerut goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code PUNB0471700
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 Daurala Cane Co-Op. Sty Meerut in Meerut (U.P.).
For example, the IFSC Code PUNB0471700 of Punjab National Bank for the Daurala Cane Co-Op. Sty Meerut branch includes these elements, identifying the bank and the branch location in Meerut (U.P.) and Uttar Pradesh accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0471700 of Punjab National Bank for its Daurala Cane Co-Op. Sty Meerut branch located in Meerut (U.P.), 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 Meerut (U.P.) and Meerut, 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 Daurala Cane Co-Op. Sty Meerut or Meerut (U.P.) to get the exact IFSC Code PUNB0471700.
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 Meerut (U.P.), you'll get the correct details.
How to Use IFSC Code PUNB0471700 for Online Transfers?
Once you have the IFSC Code PUNB0471700 for the Daurala Cane Co-Op. Sty Meerut branch of Punjab National Bank in Meerut (U.P.), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0471700. 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 PUNB0471700.
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 Daurala Cane Co-Op. Sty Meerut in Meerut (U.P.), your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Punjab National Bank in Daurala Cane Co-Op. Sty Meerut, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Meerut (U.P.) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0471700.
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 Daurala Cane Society, Roorkee Road located in Meerut (U.P.), Meerut, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.