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 Mirc Darewadi,Ahmednagar branch in Po-Ahmednagar, Ahmednagar, Maharashtra, 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 Po-Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PUNB0172900. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab National Bank, Mirc Darewadi,Ahmednagar, Po-Ahmednagar
Below in the table are the key details related to IFSC Code PUNB0172900 of Punjab National Bank for its branch located in Po-Ahmednagar, within the district of Ahmednagar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0172900 |
| Branch | Mirc Darewadi,Ahmednagar |
| City | Po-Ahmednagar |
| District | Ahmednagar |
| State | Maharashtra |
| Address | Mirc Darewadi,Ahmednagar |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Po-Ahmednagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0172900 for the Mirc Darewadi,Ahmednagar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Mirc Darewadi,Ahmednagar, Po-Ahmednagar, Maharashtra, is provided a unique IFSC like PUNB0172900 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Punjab National Bank branch in Po-Ahmednagar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Po-Ahmednagar and Ahmednagar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Mirc Darewadi,Ahmednagar do not get misguided to another person.
Format of the IFSC Code PUNB0172900
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 Mirc Darewadi,Ahmednagar in Po-Ahmednagar.
For example, the IFSC Code PUNB0172900 of Punjab National Bank for the Mirc Darewadi,Ahmednagar branch includes these elements, identifying the bank and the branch location in Po-Ahmednagar and Maharashtra correctly.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0172900 of Punjab National Bank for its Mirc Darewadi,Ahmednagar branch located in Po-Ahmednagar, 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 Po-Ahmednagar and Ahmednagar, 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 Mirc Darewadi,Ahmednagar or Po-Ahmednagar to get the exact IFSC Code PUNB0172900.
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 Po-Ahmednagar that will provide accurate information.
How to Use IFSC Code PUNB0172900 for Online Transfers?
Once you have the IFSC Code PUNB0172900 for the Mirc Darewadi,Ahmednagar branch of Punjab National Bank in Po-Ahmednagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUNB0172900. 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 PUNB0172900.
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 Mirc Darewadi,Ahmednagar in Po-Ahmednagar, your payment can get delayed or might not go through at all.
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 Mirc Darewadi,Ahmednagar, 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 Po-Ahmednagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mirc Darewadi,Ahmednagar Po-Ahmednagar branch is PUNB0172900.
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 Mirc Darewadi,Ahmednagar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.