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 Angul, Orissa branch in Talkies Road, Angul (Orissa), Odisha, 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 Talkies Road or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code PUNB0461600. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Angul, Orissa, Talkies Road

Here are the main details that are associated with the IFSC Code PUNB0461600 of Punjab National Bank for its branch located in Talkies Road, within the district of Angul (Orissa) in the state of Odisha.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0461600
Branch Angul, Orissa
City Talkies Road
District Angul (Orissa)
State Odisha
Address Po- Amlapada, 1St Line, Kanchan

These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab National Bank in Talkies Road for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0461600 for the Angul, Orissa branch of Punjab National Bank has 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 Angul, Orissa, Talkies Road, Odisha, is provided a unique IFSC like PUNB0461600 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Punjab National Bank branch in Talkies Road.
  • 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 Talkies Road and Angul (Orissa).
  • 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Angul, Orissa do not get misguided to another person.

Format of the IFSC Code PUNB0461600

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Punjab National Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Angul, Orissa in Talkies Road.

For example, the IFSC Code PUNB0461600 of Punjab National Bank for the Angul, Orissa branch includes these elements, identifying the bank and the branch location in Talkies Road and Odisha correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0461600 of Punjab National Bank for its Angul, Orissa branch located in Talkies Road, 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 Talkies Road and Angul (Orissa), 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 Angul, Orissa or Talkies Road to get the exact IFSC Code PUNB0461600.

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 Talkies Road, you'll get the correct details.

How to Use IFSC Code PUNB0461600 for Online Transfers?

Once you have the IFSC Code PUNB0461600 for the Angul, Orissa branch of Punjab National Bank in Talkies Road, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0461600. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Punjab National Bank IFSC Code PUNB0461600.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab National Bank Angul, Orissa in Talkies Road, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Punjab National Bank in Angul, Orissa, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Talkies Road manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Angul, Orissa, Talkies Road?

The IFSC Code is PUNB0461600.

Is the IFSC Code PUNB0461600 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Punjab National Bank Angul, Orissa?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Angul, Orissa branch?

The address of the branch is Po- Amlapada, 1St Line, Kanchan located in Talkies Road, Angul (Orissa), Odisha.

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.