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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab National Bank for its Kalol - (Gujrat) branch in Nivijivan Mill Compound Kalol (Gujrat), Ahmedabad, Gujarat, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Punjab National Bank located in Nivijivan Mill Compound Kalol (Gujrat) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code PUNB0759200. 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, Kalol - (Gujrat), Nivijivan Mill Compound Kalol (Gujrat)

Here are the key points that are associated with the IFSC Code PUNB0759200 of Punjab National Bank for its branch located in Nivijivan Mill Compound Kalol (Gujrat), within the district of Ahmedabad in the state of Gujarat.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0759200
Branch Kalol - (Gujrat)
City Nivijivan Mill Compound Kalol (Gujrat)
District Ahmedabad
State Gujarat
Address Shop No. 12 & 13, Navjeevan Bazar ,

These details help users in online banking and for businesses and individuals who use Punjab National Bank in Nivijivan Mill Compound Kalol (Gujrat) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0759200 for the Kalol - (Gujrat) branch of Punjab National Bank has a very 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 Kalol - (Gujrat), Nivijivan Mill Compound Kalol (Gujrat), Gujarat, are allotted a unique IFSC like PUNB0759200 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nivijivan Mill Compound Kalol (Gujrat).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Nivijivan Mill Compound Kalol (Gujrat) and Ahmedabad.
  • 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 Kalol - (Gujrat) reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code PUNB0759200

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 Kalol - (Gujrat) in Nivijivan Mill Compound Kalol (Gujrat).

For example, the IFSC Code PUNB0759200 of Punjab National Bank for the Kalol - (Gujrat) branch has these elements, identifying the bank and the branch location in Nivijivan Mill Compound Kalol (Gujrat) and Gujarat correctly.

How to Find IFSC Code for Punjab National Bank?

To find the IFSC Code PUNB0759200 of Punjab National Bank for its Kalol - (Gujrat) branch located in Nivijivan Mill Compound Kalol (Gujrat), 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 Nivijivan Mill Compound Kalol (Gujrat) and Ahmedabad, 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 Kalol - (Gujrat) or Nivijivan Mill Compound Kalol (Gujrat) to find the exact IFSC Code PUNB0759200.

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 Nivijivan Mill Compound Kalol (Gujrat) will provide accurate information.

How to Use IFSC Code PUNB0759200 for Online Transfers?

Once you have the IFSC Code PUNB0759200 for the Kalol - (Gujrat) branch of Punjab National Bank in Nivijivan Mill Compound Kalol (Gujrat), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0759200. 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 PUNB0759200.

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 Kalol - (Gujrat) in Nivijivan Mill Compound Kalol (Gujrat), 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 Kalol - (Gujrat), 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 Nivijivan Mill Compound Kalol (Gujrat) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Kalol - (Gujrat), Nivijivan Mill Compound Kalol (Gujrat)?

The IFSC Code is PUNB0759200.

Is the IFSC Code PUNB0759200 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 Kalol - (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 Kalol - (Gujrat) branch?

The address of the branch is Shop No. 12 & 13, Navjeevan Bazar , located in Nivijivan Mill Compound Kalol (Gujrat), Ahmedabad, 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.

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