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 Sawai Madhopur branch in Sawai Madhopur, Sawai Madhopur, Rajasthan, 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 Sawai Madhopur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code PUNB0172710. 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, Sawai Madhopur, Sawai Madhopur

Below in the table are the key details related to IFSC Code PUNB0172710 of Punjab National Bank for its branch located in Sawai Madhopur, within the district of Sawai Madhopur in the state of Rajasthan.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0172710
Branch Sawai Madhopur
City Sawai Madhopur
District Sawai Madhopur
State Rajasthan
Address Maharana Pratap Colone Man Town, Sawaimadhopu 322001

These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Sawai Madhopur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0172710 for the Sawai Madhopur 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, including Punjab National Bank located in Sawai Madhopur, Sawai Madhopur, Rajasthan, is provided with a unique IFSC like PUNB0172710 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Punjab National Bank branch in Sawai Madhopur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Sawai Madhopur and Sawai Madhopur.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Sawai Madhopur do not get mixed with another location.

Format of the IFSC Code PUNB0172710

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 Sawai Madhopur in Sawai Madhopur.

For example, the IFSC Code PUNB0172710 of Punjab National Bank for the Sawai Madhopur branch includes these elements, identifying the bank and the branch location in Sawai Madhopur and Rajasthan correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0172710 of Punjab National Bank for its Sawai Madhopur branch located in Sawai Madhopur, 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 Sawai Madhopur and Sawai Madhopur, 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 Sawai Madhopur or Sawai Madhopur to get the exact IFSC Code PUNB0172710.

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 Sawai Madhopur that will provide accurate information.

How to Use IFSC Code PUNB0172710 for Online Transfers?

Once you have the IFSC Code PUNB0172710 for the Sawai Madhopur branch of Punjab National Bank in Sawai Madhopur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0172710. 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 PUNB0172710.

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 Sawai Madhopur in Sawai Madhopur may result in delayed or failed transactions.

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 Sawai Madhopur, 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 Sawai Madhopur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank Sawai Madhopur Sawai Madhopur?

The IFSC Code of the Sawai Madhopur Sawai Madhopur branch is PUNB0172710.

Is IFSC Code PUNB0172710 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Punjab National Bank Sawai Madhopur branch?

The branch is located at Maharana Pratap Colone Man Town, Sawaimadhopu 322001.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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