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 Patan Gujrat branch in Megha Plaza Complex, Gr.Flr, Verari Chakla, Patan Gujrat, or Gujarat, 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 Megha Plaza Complex, Gr.Flr, Verari Chakla or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code PUNB0670200. 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, Patan Gujrat, Megha Plaza Complex, Gr.Flr, Verari Chakla

Here are some of the key details that come with the IFSC Code PUNB0670200 of Punjab National Bank for its branch located in Megha Plaza Complex, Gr.Flr, Verari Chakla, within the district of Patan Gujrat in the state of Gujarat.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0670200
Branch Patan Gujrat
City Megha Plaza Complex, Gr.Flr, Verari Chakla
District Patan Gujrat
State Gujarat
Address Shop No 1,2,3,4,5,6,7

These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Megha Plaza Complex, Gr.Flr, Verari Chakla for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0670200 for the Patan Gujrat branch of Punjab National Bank is vital.

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 Patan Gujrat, Megha Plaza Complex, Gr.Flr, Verari Chakla, Gujarat, is provided a unique IFSC like PUNB0670200 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Punjab National Bank branch in Megha Plaza Complex, Gr.Flr, Verari Chakla.
  • 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 Megha Plaza Complex, Gr.Flr, Verari Chakla and Patan Gujrat.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Patan Gujrat do not get misguided to another person.

Format of the IFSC Code PUNB0670200

The format of the IFSC Code for banks, including Punjab National Bank, has 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 Patan Gujrat in Megha Plaza Complex, Gr.Flr, Verari Chakla.

For example, the IFSC Code PUNB0670200 of Punjab National Bank for the Patan Gujrat branch includes these elements, identifying the bank and the branch location in Megha Plaza Complex, Gr.Flr, Verari Chakla and Gujarat correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0670200 of Punjab National Bank for its Patan Gujrat branch located in Megha Plaza Complex, Gr.Flr, Verari Chakla, 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 Megha Plaza Complex, Gr.Flr, Verari Chakla and Patan Gujrat, 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 Patan Gujrat or Megha Plaza Complex, Gr.Flr, Verari Chakla to get the exact IFSC Code PUNB0670200.

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 Megha Plaza Complex, Gr.Flr, Verari Chakla, you'll get the correct details.

How to Use IFSC Code PUNB0670200 for Online Transfers?

Once you have the IFSC Code PUNB0670200 for the Patan Gujrat branch of Punjab National Bank in Megha Plaza Complex, Gr.Flr, Verari Chakla, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0670200. 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 PUNB0670200.

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 Patan Gujrat in Megha Plaza Complex, Gr.Flr, Verari Chakla 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 Patan Gujrat, 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 Megha Plaza Complex, Gr.Flr, Verari Chakla to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Patan Gujrat, Megha Plaza Complex, Gr.Flr, Verari Chakla?

The IFSC Code is PUNB0670200.

Is the IFSC Code PUNB0670200 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Punjab National Bank Patan Gujrat?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Patan Gujrat branch?

The address of the branch is Shop No 1,2,3,4,5,6,7 located in Megha Plaza Complex, Gr.Flr, Verari Chakla, Patan Gujrat, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.