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 Dhatir, Palwal branch in Palwal, Dhatir - Dist Palwal Haryana, Haryana, 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 Palwal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code PUNB0157610. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Dhatir, Palwal, Palwal

Below in the table are the key details related to IFSC Code PUNB0157610 of Punjab National Bank for its branch located in Palwal, within the district of Dhatir - Dist Palwal Haryana in the state of Haryana.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0157610
Branch Dhatir, Palwal
City Palwal
District Dhatir - Dist Palwal Haryana
State Haryana
Address Sohna Palwal Rd Dhatir Distt Palwal 121102

These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Palwal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0157610 for the Dhatir, Palwal 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, including Punjab National Bank located in Dhatir, Palwal, Palwal, Haryana, is provided with a unique IFSC like PUNB0157610 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Punjab National Bank branch in Palwal.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Palwal and Dhatir - Dist Palwal Haryana.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Haryana and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Dhatir, Palwal do not get mixed with another location.

Format of the IFSC Code PUNB0157610

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 Dhatir, Palwal in Palwal.

For example, the IFSC Code PUNB0157610 of Punjab National Bank for the Dhatir, Palwal branch includes these elements, identifying the bank and the branch location in Palwal and Haryana correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0157610 of Punjab National Bank for its Dhatir, Palwal branch located in Palwal, 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 Palwal and Dhatir - Dist Palwal Haryana, 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 Dhatir, Palwal or Palwal to get the exact IFSC Code PUNB0157610.

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 Palwal that will provide accurate information.

How to Use IFSC Code PUNB0157610 for Online Transfers?

Once you have the IFSC Code PUNB0157610 for the Dhatir, Palwal branch of Punjab National Bank in Palwal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0157610. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹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 PUNB0157610.

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 Dhatir, Palwal in Palwal, your payment can get delayed or might not go through at all.

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 Dhatir, Palwal, 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 Palwal manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Dhatir, Palwal, Palwal?

The IFSC Code is PUNB0157610.

Is the IFSC Code PUNB0157610 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 Dhatir, Palwal?

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 Dhatir, Palwal branch?

The address of the branch is Sohna Palwal Rd Dhatir Distt Palwal 121102 located in Palwal, Dhatir - Dist Palwal Haryana, Haryana.

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.