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 Patan branch in Patan, Ahmedabad, Gujarat, 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 Patan or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code PUNB0190420. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab National Bank, Patan, Patan
Here are some of the key details that come with the IFSC Code PUNB0190420 of Punjab National Bank for its branch located in Patan, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0190420 |
| Branch | Patan |
| City | Patan |
| District | Ahmedabad |
| State | Gujarat |
| Address | Patan, |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Patan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0190420 for the Patan 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 Patan, Patan, Gujarat, are allotted a unique IFSC like PUNB0190420 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Patan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Patan 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 Patan reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code PUNB0190420
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 Patan in Patan.
For example, the IFSC Code PUNB0190420 of Punjab National Bank for the Patan branch has these elements, identifying the bank and the branch location in Patan and Gujarat correctly.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0190420 of Punjab National Bank for its Patan branch located in Patan, 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 Patan 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 find the branch locator section. Search for Patan or Patan to get the exact IFSC Code PUNB0190420.
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 Patan that will provide accurate information.
How to Use IFSC Code PUNB0190420 for Online Transfers?
Once you have the IFSC Code PUNB0190420 for the Patan branch of Punjab National Bank in Patan, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0190420. 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 PUNB0190420.
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 Patan in Patan, 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 Patan, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Patan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0190420.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Patan, located in Patan, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.