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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Punjab National Bank for its Pathankot Mohan Market, branch in Pathankot, Pathankot, or Punjab, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Punjab National Bank located in Pathankot or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code PUNB0348600. 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, Pathankot Mohan Market,, Pathankot
The table below shows the main details of the IFSC Code PUNB0348600 for the Punjab National Bank branch in Pathankot, which falls under the Pathankot district in Punjab.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0348600 |
| Branch | Pathankot Mohan Market, |
| City | Pathankot |
| District | Pathankot |
| State | Punjab |
| Address | Distt. Pathankot (Punjab) |
These details help users in online banking and for businesses and individuals who use Punjab National Bank in Pathankot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0348600 for the Pathankot Mohan Market, 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 that is provided by the Reserve Bank of India. A unique IFSC like PUNB0348600 is given to every bank branch, including Punjab National Bank located in Pathankot Mohan Market,, Pathankot, Punjab, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Punjab National Bank branch in Pathankot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Pathankot and Pathankot.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Pathankot Mohan Market, doesn't end up at another location.
Format of the IFSC Code PUNB0348600
This is the format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Punjab National Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Pathankot Mohan Market, in Pathankot.
For example, the IFSC Code PUNB0348600 of Punjab National Bank for the Pathankot Mohan Market, branch includes these elements, identifying the bank and the branch location in Pathankot and Punjab accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0348600 of Punjab National Bank for its Pathankot Mohan Market, branch located in Pathankot, 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 Pathankot and Pathankot, 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 Pathankot Mohan Market, or Pathankot to get the exact IFSC Code PUNB0348600.
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 Pathankot that will provide accurate information.
How to Use IFSC Code PUNB0348600 for Online Transfers?
If you have the IFSC Code PUNB0348600 for the Pathankot Mohan Market, branch of Punjab National Bank in Pathankot, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0348600. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Punjab National Bank IFSC Code PUNB0348600.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Punjab National Bank Pathankot Mohan Market, in Pathankot, it may 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 Pathankot Mohan Market,, 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 Pathankot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pathankot Mohan Market, Pathankot branch is PUNB0348600.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Distt. Pathankot (Punjab).
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.