For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Punjab National Bank for its Dahegaon branch in Nagpur, Dahegaon, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Punjab National Bank located in Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PUNB0592100. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Dahegaon, Nagpur

Below in the table are the key details related to IFSC Code PUNB0592100 of Punjab National Bank for its branch located in Nagpur, within the district of Dahegaon in the state of Maharashtra.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0592100
Branch Dahegaon
City Nagpur
District Dahegaon
State Maharashtra
Address Dahegaon Rangari T Point Dahegaon Phata Po Dahegaon Tah Saoner Dist Nagpur Mh Daheg 441113

These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Nagpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0592100 for the Dahegaon 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 Dahegaon, Nagpur, Maharashtra, are allotted a unique IFSC like PUNB0592100 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nagpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Nagpur and Dahegaon.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Punjab National Bank in Dahegaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code PUNB0592100

This is the format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Punjab National Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Dahegaon in Nagpur.

For example, the IFSC Code PUNB0592100 of Punjab National Bank for the Dahegaon branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0592100 of Punjab National Bank for its Dahegaon branch located in Nagpur, the following methods can help:

Cheque Book

The cheque books that are issued by Punjab National Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Punjab National Bank branches in Nagpur and Dahegaon, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Punjab National Bank and find the branch locator section. Search for Dahegaon or Nagpur to get the exact IFSC Code PUNB0592100.

Mobile Banking App

If you use Punjab National Bank's mobile app, you can easily 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 to help you in searching for Punjab National Bank and Nagpur that will provide accurate information.

How to Use IFSC Code PUNB0592100 for Online Transfers?

Once you have the IFSC Code PUNB0592100 for the Dahegaon branch of Punjab National Bank in Nagpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0592100. 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 PUNB0592100.

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 Dahegaon in Nagpur, 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 Dahegaon, 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 Nagpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Dahegaon, Nagpur?

The IFSC Code is PUNB0592100.

Is the IFSC Code PUNB0592100 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 Dahegaon?

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 Dahegaon branch?

The address of the branch is Dahegaon Rangari T Point Dahegaon Phata Po Dahegaon Tah Saoner Dist Nagpur Mh Daheg 441113 located in Nagpur, Dahegaon, Maharashtra.

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.