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 Delhi-Rani Bagh branch in North West, Delhi, Delhi, 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 North West or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code PUNB0094210. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Delhi-Rani Bagh, North West
The table below shows the main details of the IFSC Code PUNB0094210 for the Punjab National Bank branch in North West, which falls under the Delhi district in Delhi.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0094210 |
| Branch | Delhi-Rani Bagh |
| City | North West |
| District | Delhi |
| State | Delhi |
| Address | 3399, Mahendra Park Chowk, Rani Bagh 110034 |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in North West for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0094210 for the Delhi-Rani Bagh 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 Delhi-Rani Bagh, North West, Delhi, are allotted a unique IFSC like PUNB0094210 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in North West.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like North West and Delhi.
- 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 Delhi-Rani Bagh reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code PUNB0094210
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 Delhi-Rani Bagh in North West.
For example, the IFSC Code PUNB0094210 of Punjab National Bank for the Delhi-Rani Bagh branch includes these elements, identifying the bank and the branch location in North West and Delhi accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0094210 of Punjab National Bank for its Delhi-Rani Bagh branch located in North West, 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
You can easily find the IFSC and MICR codes because most banks, including Punjab National Bank branches in North West and Delhi, print them 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 Delhi-Rani Bagh or North West to get the exact IFSC Code PUNB0094210.
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 North West, you'll get the correct details.
How to Use IFSC Code PUNB0094210 for Online Transfers?
Once you have the IFSC Code PUNB0094210 for the Delhi-Rani Bagh branch of Punjab National Bank in North West, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0094210. 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 PUNB0094210.
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 Delhi-Rani Bagh in North West, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Punjab National Bank in Delhi-Rani Bagh, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in North West manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0094210.
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 3399, Mahendra Park Chowk, Rani Bagh 110034 located in North West, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.