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IFSC Code of Punjab National Bank, Rewa, Medical College, Rewa, Madhya Pradesh — PUNB0623900

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 Rewa, Medical College branch in Memorial Hospital, Teh-Huzur, Dist Rewa, Rewa, or Madhya Pradesh, 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 Memorial Hospital, Teh-Huzur, Dist Rewa or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0623900. 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, Rewa, Medical College, Memorial Hospital, Teh-Huzur, Dist Rewa

Here are the key points that are associated with the IFSC Code PUNB0623900 of Punjab National Bank for its branch located in Memorial Hospital, Teh-Huzur, Dist Rewa, within the district of Rewa in the state of Madhya Pradesh.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0623900
Branch Rewa, Medical College
City Memorial Hospital, Teh-Huzur, Dist Rewa
District Rewa
State Madhya Pradesh
Address Shyam Shah Medical College & Gandhi

These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Memorial Hospital, Teh-Huzur, Dist Rewa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0623900 for the Rewa, Medical College 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 Rewa, Medical College, Memorial Hospital, Teh-Huzur, Dist Rewa, Madhya Pradesh, are given a unique IFSC like PUNB0623900 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Memorial Hospital, Teh-Huzur, Dist Rewa.
  • 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 Memorial Hospital, Teh-Huzur, Dist Rewa and Rewa.
  • 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 Rewa, Medical College 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 PUNB0623900

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): These represent the bank code. In Punjab National Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Rewa, Medical College in Memorial Hospital, Teh-Huzur, Dist Rewa.

For example, the IFSC Code PUNB0623900 of Punjab National Bank for the Rewa, Medical College branch has these elements, identifying the bank and the branch location in Memorial Hospital, Teh-Huzur, Dist Rewa and Madhya Pradesh correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0623900 of Punjab National Bank for its Rewa, Medical College branch located in Memorial Hospital, Teh-Huzur, Dist Rewa, 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

Most banks, including Punjab National Bank branches in Memorial Hospital, Teh-Huzur, Dist Rewa and Rewa, print the IFSC and MICR codes 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 Rewa, Medical College or Memorial Hospital, Teh-Huzur, Dist Rewa to get the exact IFSC Code PUNB0623900.

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 Memorial Hospital, Teh-Huzur, Dist Rewa, you'll get the correct details.

How to Use IFSC Code PUNB0623900 for Online Transfers?

If you have the IFSC Code PUNB0623900 for the Rewa, Medical College branch of Punjab National Bank in Memorial Hospital, Teh-Huzur, Dist Rewa, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0623900. 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 PUNB0623900.

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 Rewa, Medical College in Memorial Hospital, Teh-Huzur, Dist Rewa, 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 Rewa, Medical College, 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 Memorial Hospital, Teh-Huzur, Dist Rewa 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 Rewa, Medical College, Memorial Hospital, Teh-Huzur, Dist Rewa?

The IFSC Code is PUNB0623900.

Is the IFSC Code PUNB0623900 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Punjab National Bank Rewa, Medical College?

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

What is the full address of the Rewa, Medical College branch?

The address of the branch is Shyam Shah Medical College & Gandhi located in Memorial Hospital, Teh-Huzur, Dist Rewa, Rewa, Madhya Pradesh.

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.

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