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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab National Bank for its Pithoragarh branch in Pithoragarh, Pithoragarh, Uttarakhand, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Punjab National Bank located in Pithoragarh or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code PUNB0167200. 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, Pithoragarh, Pithoragarh
Here are the key points that are associated with the IFSC Code PUNB0167200 of Punjab National Bank for its branch located in Pithoragarh, within the district of Pithoragarh in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0167200 |
| Branch | Pithoragarh |
| City | Pithoragarh |
| District | Pithoragarh |
| State | Uttarakhand |
| Address | Naya Bazar, Pithoragarh |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Pithoragarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0167200 for the Pithoragarh 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 Pithoragarh, Pithoragarh, Uttarakhand, are allotted a unique IFSC like PUNB0167200 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pithoragarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Pithoragarh and Pithoragarh.
- 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 Pithoragarh reaches the right place, even though there are thousands of branches in Uttarakhand and across India.
Format of the IFSC Code PUNB0167200
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 Pithoragarh in Pithoragarh.
For example, the IFSC Code PUNB0167200 of Punjab National Bank for the Pithoragarh branch includes these elements, identifying the bank and the branch location in Pithoragarh and Uttarakhand correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0167200 of Punjab National Bank for its Pithoragarh branch located in Pithoragarh, 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 Pithoragarh and Pithoragarh, 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 Pithoragarh or Pithoragarh to find the exact IFSC Code PUNB0167200.
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 Pithoragarh will provide accurate information.
How to Use IFSC Code PUNB0167200 for Online Transfers?
Once you have the IFSC Code PUNB0167200 for the Pithoragarh branch of Punjab National Bank in Pithoragarh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0167200. 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 PUNB0167200.
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 Pithoragarh in Pithoragarh, 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 Pithoragarh, 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 Pithoragarh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0167200.
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 Naya Bazar, Pithoragarh located in Pithoragarh, Pithoragarh, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.