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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Punjab National Bank for its Radhanagar Bazartripura branch in South Tripura, Radhanagar, or Tripura, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Punjab National Bank located in South Tripura or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code PUNB0164820. 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, Radhanagar Bazartripura, South Tripura
The table below shows the main details of the IFSC Code PUNB0164820 for the Punjab National Bank branch in South Tripura, which falls under the Radhanagar district in Tripura.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0164820 |
| Branch | Radhanagar Bazartripura |
| City | South Tripura |
| District | Radhanagar |
| State | Tripura |
| Address | Radhanagar Bazar,P.O Radhanagar,T.P(S) |
These details help users in online banking and for businesses and individuals who use Punjab National Bank in South Tripura for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0164820 for the Radhanagar Bazartripura 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 Radhanagar Bazartripura, South Tripura, Tripura, are allotted a unique IFSC like PUNB0164820 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in South Tripura.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like South Tripura and Radhanagar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Punjab National Bank in Radhanagar Bazartripura reaches the right place, even though there are thousands of branches in Tripura and across India.
Format of the IFSC Code PUNB0164820
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 Radhanagar Bazartripura in South Tripura.
For example, the IFSC Code PUNB0164820 of Punjab National Bank for the Radhanagar Bazartripura branch includes these elements, identifying the bank and the branch location in South Tripura and Tripura accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0164820 of Punjab National Bank for its Radhanagar Bazartripura branch located in South Tripura, 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 South Tripura and Radhanagar, 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 Radhanagar Bazartripura or South Tripura to get the exact IFSC Code PUNB0164820.
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 South Tripura, you'll get the correct details.
How to Use IFSC Code PUNB0164820 for Online Transfers?
If you have the IFSC Code PUNB0164820 for the Radhanagar Bazartripura branch of Punjab National Bank in South Tripura, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0164820. 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 PUNB0164820.
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 Radhanagar Bazartripura in South Tripura, 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 Radhanagar Bazartripura, 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 South Tripura manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0164820.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Radhanagar Bazar,P.O Radhanagar,T.P(S) located in South Tripura, Radhanagar, Tripura.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.