For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Punjab National Bank for its Bo Sawariyapani branch in Supau, Bo Sawariyapani, Madhya Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Punjab National Bank located in Supau or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code PUNB0951000. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Bo Sawariyapani, Supau

Here are the key points that are associated with the IFSC Code PUNB0951000 of Punjab National Bank for its branch located in Supau, within the district of Bo Sawariyapani in the state of Madhya Pradesh.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0951000
Branch Bo Sawariyapani
City Supau
District Bo Sawariyapani
State Madhya Pradesh
Address Gram Panchayat Avali Near Iti

These details help users in online banking and for businesses and individuals who use Punjab National Bank in Supau for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0951000 for the Bo Sawariyapani 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 Bo Sawariyapani, Supau, Madhya Pradesh, are allotted a unique IFSC like PUNB0951000 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Supau.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Supau and Bo Sawariyapani.
  • 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 Bo Sawariyapani reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code PUNB0951000

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Punjab National Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bo Sawariyapani in Supau.

For example, the IFSC Code PUNB0951000 of Punjab National Bank for the Bo Sawariyapani branch includes these elements, identifying the bank and the branch location in Supau and Madhya Pradesh accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0951000 of Punjab National Bank for its Bo Sawariyapani branch located in Supau, 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 Supau and Bo Sawariyapani, 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 Bo Sawariyapani or Supau to get the exact IFSC Code PUNB0951000.

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 Supau that will provide accurate information.

How to Use IFSC Code PUNB0951000 for Online Transfers?

Once you have the IFSC Code PUNB0951000 for the Bo Sawariyapani branch of Punjab National Bank in Supau, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0951000. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 PUNB0951000.

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 Bo Sawariyapani in Supau, 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 Bo Sawariyapani, 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 Supau to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank Bo Sawariyapani Supau?

The IFSC Code of the Bo Sawariyapani Supau branch is PUNB0951000.

Is IFSC Code PUNB0951000 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 Bo Sawariyapani branch?

The branch is located at Gram Panchayat Avali Near Iti.

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.