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 Bagha Purana branch in Moga, Baghapurana, Punjab, 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 Moga or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code PUNB0063710. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Bagha Purana, Moga
Below in the table are the key details related to IFSC Code PUNB0063710 of Punjab National Bank for its branch located in Moga, within the district of Baghapurana in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0063710 |
| Branch | Bagha Purana |
| City | Moga |
| District | Baghapurana |
| State | Punjab |
| Address | 2 Near Bus Stand Bagha Purana 142038 |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Moga for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0063710 for the Bagha Purana 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Bagha Purana, Moga, Punjab, is provided a unique IFSC like PUNB0063710 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Punjab National Bank branch in Moga.
- 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 Moga and Baghapurana.
- 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 Punjab and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Bagha Purana do not get misguided to another person.
Format of the IFSC Code PUNB0063710
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): 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 Bagha Purana in Moga.
For example, the IFSC Code PUNB0063710 of Punjab National Bank for the Bagha Purana branch includes these elements, identifying the bank and the branch location in Moga and Punjab accurately.
How to Find IFSC Code for Punjab National Bank?
If you are looking for the IFSC Code PUNB0063710 of Punjab National Bank for its Bagha Purana branch located in Moga, the following methods can help:
Cheque Book
The cheque book that is issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Punjab National Bank branches in Moga and Baghapurana, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Punjab National Bank and look for the branch locator section, then search for Bagha Purana or Moga to get the exact IFSC Code PUNB0063710.
Mobile Banking App
If you use Punjab National Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab National Bank and Moga, then it will provide you proper information.
How to Use IFSC Code PUNB0063710 for Online Transfers?
Once you have the IFSC Code PUNB0063710 for the Bagha Purana branch of Punjab National Bank in Moga, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0063710. 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 PUNB0063710.
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 Bagha Purana in Moga, 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 Bagha Purana, 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 Moga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0063710.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 2 Near Bus Stand Bagha Purana 142038 located in Moga, Baghapurana, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.