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 Bandhbahal, Distt Jharsuguda branch in Po Bandhbahal, (Orissa), Bandhbahal, Distt. Jharsuguda (Orissa), Odisha, 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 Po Bandhbahal, (Orissa) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0464500. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab National Bank, Bandhbahal, Distt Jharsuguda, Po Bandhbahal, (Orissa)
Here are the key points that are associated with the IFSC Code PUNB0464500 of Punjab National Bank for its branch located in Po Bandhbahal, (Orissa), within the district of Bandhbahal, Distt. Jharsuguda (Orissa) in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0464500 |
| Branch | Bandhbahal, Distt Jharsuguda |
| City | Po Bandhbahal, (Orissa) |
| District | Bandhbahal, Distt. Jharsuguda (Orissa) |
| State | Odisha |
| Address | Bandhbahal, Distt Jharsuguda |
These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Po Bandhbahal, (Orissa) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0464500 for the Bandhbahal, Distt Jharsuguda branch of Punjab National Bank plays a vital 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 Bandhbahal, Distt Jharsuguda, Po Bandhbahal, (Orissa), Odisha, are given a unique IFSC like PUNB0464500 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Po Bandhbahal, (Orissa).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Po Bandhbahal, (Orissa) and Bandhbahal, Distt. Jharsuguda (Orissa).
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Punjab National Bank in Bandhbahal, Distt Jharsuguda goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code PUNB0464500
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 Bandhbahal, Distt Jharsuguda in Po Bandhbahal, (Orissa).
For example, the IFSC Code PUNB0464500 of Punjab National Bank for the Bandhbahal, Distt Jharsuguda branch includes these elements, identifying the bank and the branch location in Po Bandhbahal, (Orissa) and Odisha correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0464500 of Punjab National Bank for its Bandhbahal, Distt Jharsuguda branch located in Po Bandhbahal, (Orissa), 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 Po Bandhbahal, (Orissa) and Bandhbahal, Distt. Jharsuguda (Orissa), 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 Bandhbahal, Distt Jharsuguda or Po Bandhbahal, (Orissa) to find the exact IFSC Code PUNB0464500.
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 Po Bandhbahal, (Orissa) will provide accurate information.
How to Use IFSC Code PUNB0464500 for Online Transfers?
Once you have the IFSC Code PUNB0464500 for the Bandhbahal, Distt Jharsuguda branch of Punjab National Bank in Po Bandhbahal, (Orissa), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0464500. Transfers are processed in batches. This is 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. Requires the recipient's account details and Punjab National Bank IFSC Code PUNB0464500.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Punjab National Bank Bandhbahal, Distt Jharsuguda in Po Bandhbahal, (Orissa) 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 Bandhbahal, Distt Jharsuguda, 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 Po Bandhbahal, (Orissa) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bandhbahal, Distt Jharsuguda Po Bandhbahal, (Orissa) branch is PUNB0464500.
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 Bandhbahal, Distt Jharsuguda.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.