There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Punjab National Bank for its Cchest Jakhalabandha branch in Nagaon, Guwahati, Assam, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Punjab National Bank situated in Nagaon or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code PUNB0895500. You should 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, Cchest Jakhalabandha, Nagaon
The table below shows the main details of the IFSC Code PUNB0895500 for the Punjab National Bank branch in Nagaon, which falls under the Guwahati district in Assam.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0895500 |
| Branch | Cchest Jakhalabandha |
| City | Nagaon |
| District | Guwahati |
| State | Assam |
| Address | Nh37 Jakhalabandha Town Near Railway Crossing As Jak |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Nagaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0895500 for the Cchest Jakhalabandha branch of Punjab National Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PUNB0895500 is given to every bank branch, including Punjab National Bank located in Cchest Jakhalabandha, Nagaon, Assam, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Nagaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Nagaon and Guwahati.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Cchest Jakhalabandha doesn't end up at another location.
Format of the IFSC Code PUNB0895500
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 Cchest Jakhalabandha in Nagaon.
For example, the IFSC Code PUNB0895500 of Punjab National Bank for the Cchest Jakhalabandha branch has these elements, identifying the bank and the branch location in Nagaon and Assam correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0895500 of Punjab National Bank for its Cchest Jakhalabandha branch located in Nagaon, the following methods can help you out:
Cheque Book
The cheque book issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Punjab National Bank branches in Nagaon and Guwahati, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Punjab National Bank and go to the branch locator section. Then search for Cchest Jakhalabandha or Nagaon to find the exact IFSC Code PUNB0895500.
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 maintains an updated database of all IFSC codes. Searching for Punjab National Bank and Nagaon will provide accurate information.
How to Use IFSC Code PUNB0895500 for Online Transfers?
Once you have the IFSC Code PUNB0895500 for the Cchest Jakhalabandha branch of Punjab National Bank in Nagaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0895500. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Punjab National Bank IFSC Code PUNB0895500.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab National Bank Cchest Jakhalabandha in Nagaon, it can result in delayed or failed transactions.
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 Cchest Jakhalabandha, 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 Nagaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0895500.
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 Nh37 Jakhalabandha Town Near Railway Crossing As Jak located in Nagaon, Guwahati, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.