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 Mumbai S.V.Road Malad branch in S.V.Road,Malad-West, Mumbai, or Maharashtra, 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 S.V.Road,Malad-West or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PUNB0373400. 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, Mumbai S.V.Road Malad, S.V.Road,Malad-West
Below in the table are the key details related to IFSC Code PUNB0373400 of Punjab National Bank for its branch located in S.V.Road,Malad-West, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Punjab National Bank |
| IFSC Code | PUNB0373400 |
| Branch | Mumbai S.V.Road Malad |
| City | S.V.Road,Malad-West |
| District | Mumbai |
| State | Maharashtra |
| Address | Chandrakiran,1St Floor, Opp.N.L.High School |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab National Bank in S.V.Road,Malad-West for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0373400 for the Mumbai S.V.Road Malad branch of Punjab National Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Mumbai S.V.Road Malad, S.V.Road,Malad-West, Maharashtra, is provided a unique IFSC like PUNB0373400 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Punjab National Bank branch in S.V.Road,Malad-West.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like S.V.Road,Malad-West and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Mumbai S.V.Road Malad do not get misguided to another person.
Format of the IFSC Code PUNB0373400
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 Mumbai S.V.Road Malad in S.V.Road,Malad-West.
For example, the IFSC Code PUNB0373400 of Punjab National Bank for the Mumbai S.V.Road Malad branch includes these elements, identifying the bank and the branch location in S.V.Road,Malad-West and Maharashtra accurately.
How to Find IFSC Code for Punjab National Bank?
If you are trying to find the IFSC Code PUNB0373400 of Punjab National Bank for its Mumbai S.V.Road Malad branch located in S.V.Road,Malad-West, 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
Most banks, including Punjab National Bank branches in S.V.Road,Malad-West and Mumbai, print the IFSC and MICR codes 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 Mumbai S.V.Road Malad or S.V.Road,Malad-West to get the exact IFSC Code PUNB0373400.
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 S.V.Road,Malad-West, you'll get the correct details.
How to Use IFSC Code PUNB0373400 for Online Transfers?
Once you have the IFSC Code PUNB0373400 for the Mumbai S.V.Road Malad branch of Punjab National Bank in S.V.Road,Malad-West, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUNB0373400. Transfers are processed in batches. This is 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. Requires the recipient's account details and Punjab National Bank IFSC Code PUNB0373400.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Punjab National Bank Mumbai S.V.Road Malad in S.V.Road,Malad-West 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 Mumbai S.V.Road Malad, 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 S.V.Road,Malad-West manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PUNB0373400.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Chandrakiran,1St Floor, Opp.N.L.High School located in S.V.Road,Malad-West, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.