IFSC Code of Punjab National Bank, Circle Sastra Rae Bareilly, Rae Bareilly, Uttar Pradesh — PUNB0830200

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Punjab National Bank for its Circle Sastra Rae Bareilly branch in Rae Bareilly, Rae Bareilly, Uttar Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Punjab National Bank situated in Rae Bareilly or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code PUNB0830200. You should 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, Circle Sastra Rae Bareilly, Rae Bareilly

Below in the table are the key details related to IFSC Code PUNB0830200 of Punjab National Bank for its branch located in Rae Bareilly, within the district of Rae Bareilly in the state of Uttar Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Rae Bareilly for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0830200 for the Circle Sastra Rae Bareilly branch of Punjab National Bank plays an 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 PUNB0830200 is given to every bank branch, including Punjab National Bank located in Circle Sastra Rae Bareilly, Rae Bareilly, Uttar Pradesh, 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 Rae Bareilly.
• 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 Rae Bareilly and Rae Bareilly.
• 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Circle Sastra Rae Bareilly doesn't end up at another location.

Format of the IFSC Code PUNB0830200

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 Circle Sastra Rae Bareilly in Rae Bareilly.

For example, the IFSC Code PUNB0830200 of Punjab National Bank for the Circle Sastra Rae Bareilly branch includes these elements, identifying the bank and the branch location in Rae Bareilly and Uttar Pradesh accurately.

How to Find IFSC Code for Punjab National Bank?

To find the IFSC Code PUNB0830200 of Punjab National Bank for its Circle Sastra Rae Bareilly branch located in Rae Bareilly, 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 Rae Bareilly and Rae Bareilly, 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 Circle Sastra Rae Bareilly or Rae Bareilly to find the exact IFSC Code PUNB0830200.

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 Rae Bareilly will provide accurate information.

How to Use IFSC Code PUNB0830200 for Online Transfers?

Once you have the IFSC Code PUNB0830200 for the Circle Sastra Rae Bareilly branch of Punjab National Bank in Rae Bareilly, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0830200. 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 PUNB0830200.

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 Circle Sastra Rae Bareilly in Rae Bareilly, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Punjab National Bank in Circle Sastra Rae Bareilly, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Punjab National Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rae Bareilly manage online transfers as well as cheque clearances with ease.