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 Mohollon branch in Shahid Bhagat Singh Nagar, Mohollon, Punjab, 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 Shahid Bhagat Singh Nagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code PUNB0076310. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab National Bank, Mohollon, Shahid Bhagat Singh Nagar

Here are the key points that are associated with the IFSC Code PUNB0076310 of Punjab National Bank for its branch located in Shahid Bhagat Singh Nagar, within the district of Mohollon in the state of Punjab.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0076310
Branch Mohollon
City Shahid Bhagat Singh Nagar
District Mohollon
State Punjab
Address Banga Road, Mohollon 144514

These details help users in online banking and for businesses and individuals who use Punjab National Bank in Shahid Bhagat Singh Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0076310 for the Mohollon branch of Punjab National Bank has a very important 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, along with Punjab National Bank located in Mohollon, Shahid Bhagat Singh Nagar, Punjab, are given a unique IFSC like PUNB0076310 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Shahid Bhagat Singh Nagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Shahid Bhagat Singh Nagar and Mohollon.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Punjab National Bank in Mohollon goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PUNB0076310

The format of the IFSC Code for banks, including Punjab National Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Punjab National Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mohollon in Shahid Bhagat Singh Nagar.

For example, the IFSC Code PUNB0076310 of Punjab National Bank for the Mohollon branch includes these elements, identifying the bank and the branch location in Shahid Bhagat Singh Nagar and Punjab accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0076310 of Punjab National Bank for its Mohollon branch located in Shahid Bhagat Singh Nagar, 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 Shahid Bhagat Singh Nagar and Mohollon, 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 Mohollon or Shahid Bhagat Singh Nagar to get the exact IFSC Code PUNB0076310.

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 Shahid Bhagat Singh Nagar that will provide accurate information.

How to Use IFSC Code PUNB0076310 for Online Transfers?

Once you have the IFSC Code PUNB0076310 for the Mohollon branch of Punjab National Bank in Shahid Bhagat Singh Nagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0076310. The transfer is completed in batches instead of instantly. It is useful for both 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 PUNB0076310.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Punjab National Bank Mohollon in Shahid Bhagat Singh Nagar, your payment can get delayed or might not go through at all.

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 Mohollon, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Shahid Bhagat Singh Nagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Mohollon, Shahid Bhagat Singh Nagar?

The IFSC Code is PUNB0076310.

Is the IFSC Code PUNB0076310 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Punjab National Bank Mohollon?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mohollon branch?

The address of the branch is Banga Road, Mohollon 144514 located in Shahid Bhagat Singh Nagar, Mohollon, Punjab.

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.