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 Kamre, Ranchi branch in Ravi Steel Chowk, Kamre, Ratu Road, Ranchi, Jharkhand, 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 Ravi Steel Chowk, Kamre, Ratu Road or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code PUNB0790700. 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, Kamre, Ranchi, Ravi Steel Chowk, Kamre, Ratu Road
The table below shows the main details of the IFSC Code PUNB0790700 for the Punjab National Bank branch in Ravi Steel Chowk, Kamre, Ratu Road, which falls under the Ranchi district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0790700 |
| Branch | Kamre, Ranchi |
| City | Ravi Steel Chowk, Kamre, Ratu Road |
| District | Ranchi |
| State | Jharkhand |
| Address | Khata No. 103, Plot No 427, Near |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in Ravi Steel Chowk, Kamre, Ratu Road for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0790700 for the Kamre, Ranchi 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 PUNB0790700 is given to every bank branch, including Punjab National Bank located in Kamre, Ranchi, Ravi Steel Chowk, Kamre, Ratu Road, Jharkhand, 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 Ravi Steel Chowk, Kamre, Ratu Road.
- 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 Ravi Steel Chowk, Kamre, Ratu Road and Ranchi.
- 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Kamre, Ranchi doesn't end up at another location.
Format of the IFSC Code PUNB0790700
The format of the IFSC Code for banks, including Punjab National Bank, follows 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 Kamre, Ranchi in Ravi Steel Chowk, Kamre, Ratu Road.
For example, the IFSC Code PUNB0790700 of Punjab National Bank for the Kamre, Ranchi branch includes these elements, identifying the bank and the branch location in Ravi Steel Chowk, Kamre, Ratu Road and Jharkhand accurately.
How to Find IFSC Code for Punjab National Bank?
If you are looking for the IFSC Code PUNB0790700 of Punjab National Bank for its Kamre, Ranchi branch located in Ravi Steel Chowk, Kamre, Ratu Road, the following methods can help:
Cheque Book
The cheque book that is issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Punjab National Bank branches in Ravi Steel Chowk, Kamre, Ratu Road and Ranchi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Punjab National Bank and look for the branch locator section, then search for Kamre, Ranchi or Ravi Steel Chowk, Kamre, Ratu Road to get the exact IFSC Code PUNB0790700.
Mobile Banking App
If you use Punjab National Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab National Bank and Ravi Steel Chowk, Kamre, Ratu Road, then it will provide you proper information.
How to Use IFSC Code PUNB0790700 for Online Transfers?
If you have the IFSC Code PUNB0790700 for the Kamre, Ranchi branch of Punjab National Bank in Ravi Steel Chowk, Kamre, Ratu Road, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0790700. 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 PUNB0790700.
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 Kamre, Ranchi in Ravi Steel Chowk, Kamre, Ratu Road, it may 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 Kamre, Ranchi, 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 Ravi Steel Chowk, Kamre, Ratu Road manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0790700.
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 Khata No. 103, Plot No 427, Near located in Ravi Steel Chowk, Kamre, Ratu Road, Ranchi, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.