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 Jagatsinghpur (Orissa) branch in Orissa, Jagatsinghpur (Orissa), Odisha, 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 Orissa or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0675200. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab National Bank, Jagatsinghpur (Orissa), Orissa

The table below shows the main details of the IFSC Code PUNB0675200 for the Punjab National Bank branch in Orissa, which falls under the Jagatsinghpur (Orissa) district in Odisha.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0675200
Branch Jagatsinghpur (Orissa)
City Orissa
District Jagatsinghpur (Orissa)
State Odisha
Address Durga Bazar, Po Jagatsinghpur

These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Orissa for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0675200 for the Jagatsinghpur (Orissa) branch of Punjab National Bank is vital.

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 Jagatsinghpur (Orissa), Orissa, Odisha, are given a unique IFSC like PUNB0675200 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Punjab National Bank in Jagatsinghpur (Orissa) goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PUNB0675200

The format of the IFSC Code for banks, including Punjab National Bank, has 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 Jagatsinghpur (Orissa) in Orissa.

For example, the IFSC Code PUNB0675200 of Punjab National Bank for the Jagatsinghpur (Orissa) branch includes these elements, identifying the bank and the branch location in Orissa and Odisha correctly.

How to Find IFSC Code for Punjab National Bank?

To find the IFSC Code PUNB0675200 of Punjab National Bank for its Jagatsinghpur (Orissa) branch located in Orissa, 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 Orissa and Jagatsinghpur (Orissa), 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 Jagatsinghpur (Orissa) or Orissa to find the exact IFSC Code PUNB0675200.

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 Orissa will provide accurate information.

How to Use IFSC Code PUNB0675200 for Online Transfers?

Once you have the IFSC Code PUNB0675200 for the Jagatsinghpur (Orissa) branch of Punjab National Bank in Orissa, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0675200. 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 PUNB0675200.

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 Jagatsinghpur (Orissa) in Orissa, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Punjab National Bank in Jagatsinghpur (Orissa), here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Orissa to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank Jagatsinghpur (Orissa) Orissa?

The IFSC Code of the Jagatsinghpur (Orissa) Orissa branch is PUNB0675200.

Is IFSC Code PUNB0675200 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Punjab National Bank Jagatsinghpur (Orissa) branch?

The branch is located at Durga Bazar, Po Jagatsinghpur.

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.