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 Shadoragaon,Disst.Ashoknagar branch in Shadoragaon, Distt Guna, Shadoragaon, Distt Guna, Madhya Pradesh, 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 Shadoragaon, Distt Guna or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0313500. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab National Bank, Shadoragaon,Disst.Ashoknagar, Shadoragaon, Distt Guna

Here are the main details that are associated with the IFSC Code PUNB0313500 of Punjab National Bank for its branch located in Shadoragaon, Distt Guna, within the district of Shadoragaon, Distt Guna in the state of Madhya Pradesh.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0313500
Branch Shadoragaon,Disst.Ashoknagar
City Shadoragaon, Distt Guna
District Shadoragaon, Distt Guna
State Madhya Pradesh
Address Shadoragaon Distt Ashoknagar

These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Shadoragaon, Distt Guna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0313500 for the Shadoragaon,Disst.Ashoknagar 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PUNB0313500 is given to every bank branch, including Punjab National Bank located in Shadoragaon,Disst.Ashoknagar, Shadoragaon, Distt Guna, Madhya 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 Shadoragaon, Distt Guna.
  • 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 Shadoragaon, Distt Guna and Shadoragaon, Distt Guna.
  • 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Shadoragaon,Disst.Ashoknagar doesn't end up at another location.

Format of the IFSC Code PUNB0313500

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 Shadoragaon,Disst.Ashoknagar in Shadoragaon, Distt Guna.

For example, the IFSC Code PUNB0313500 of Punjab National Bank for the Shadoragaon,Disst.Ashoknagar branch includes these elements, identifying the bank and the branch location in Shadoragaon, Distt Guna and Madhya Pradesh accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0313500 of Punjab National Bank for its Shadoragaon,Disst.Ashoknagar branch located in Shadoragaon, Distt Guna, the following methods can help:

Cheque Book

The cheque book issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Punjab National Bank branches in Shadoragaon, Distt Guna and Shadoragaon, Distt Guna, print them on the first page of your passbook.

Bank Website

Visit the official website of Punjab National Bank and navigate to the branch locator section. Search for Shadoragaon,Disst.Ashoknagar or Shadoragaon, Distt Guna to get the exact IFSC Code PUNB0313500.

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 keeps an updated list of all IFSC codes. If you search for Punjab National Bank and Shadoragaon, Distt Guna, you'll get the correct details.

How to Use IFSC Code PUNB0313500 for Online Transfers?

Once you have the IFSC Code PUNB0313500 for the Shadoragaon,Disst.Ashoknagar branch of Punjab National Bank in Shadoragaon, Distt Guna, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0313500. 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 PUNB0313500.

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 Shadoragaon,Disst.Ashoknagar in Shadoragaon, Distt Guna, it can 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 Shadoragaon,Disst.Ashoknagar, 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 Shadoragaon, Distt Guna manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank Shadoragaon,Disst.Ashoknagar Shadoragaon, Distt Guna?

The IFSC Code of the Shadoragaon,Disst.Ashoknagar Shadoragaon, Distt Guna branch is PUNB0313500.

Is IFSC Code PUNB0313500 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 Shadoragaon,Disst.Ashoknagar branch?

The branch is located at Shadoragaon Distt Ashoknagar.

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.