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 Jadla branch in Shahid Bhagat Singh Nagar, Nawan Shahr, Punjab, 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 Shahid Bhagat Singh Nagar or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code PUNB0146110. 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, Jadla, Shahid Bhagat Singh Nagar
Here are the key points that are associated with the IFSC Code PUNB0146110 of Punjab National Bank for its branch located in Shahid Bhagat Singh Nagar, within the district of Nawan Shahr in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0146110 |
| Branch | Jadla |
| City | Shahid Bhagat Singh Nagar |
| District | Nawan Shahr |
| State | Punjab |
| Address | Obc, Parasmani Rahon Rd, Jadla 144515 |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Shahid Bhagat Singh Nagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0146110 for the Jadla branch of Punjab National Bank is vital.
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 PUNB0146110 is given to every bank branch, including Punjab National Bank located in Jadla, Shahid Bhagat Singh Nagar, Punjab, 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 Shahid Bhagat Singh Nagar.
- 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 Shahid Bhagat Singh Nagar and Nawan Shahr.
- 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Jadla doesn't end up at another location.
Format of the IFSC Code PUNB0146110
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): These represent the bank code. In Punjab National Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jadla in Shahid Bhagat Singh Nagar.
For example, the IFSC Code PUNB0146110 of Punjab National Bank for the Jadla branch has these elements, identifying the bank and the branch location in Shahid Bhagat Singh Nagar and Punjab correctly.
How to Find IFSC Code for Punjab National Bank?
To find the IFSC Code PUNB0146110 of Punjab National Bank for its Jadla branch located in Shahid Bhagat Singh Nagar, 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 Shahid Bhagat Singh Nagar and Nawan Shahr, 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 Jadla or Shahid Bhagat Singh Nagar to find the exact IFSC Code PUNB0146110.
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 Shahid Bhagat Singh Nagar will provide accurate information.
How to Use IFSC Code PUNB0146110 for Online Transfers?
If you have the IFSC Code PUNB0146110 for the Jadla branch of Punjab National Bank in Shahid Bhagat Singh Nagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0146110. 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 PUNB0146110.
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 Jadla in Shahid Bhagat Singh Nagar, it 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 Jadla, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Shahid Bhagat Singh Nagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jadla Shahid Bhagat Singh Nagar branch is PUNB0146110.
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 Obc, Parasmani Rahon Rd, Jadla 144515.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.