IFSC Code of Punjab National Bank, Tamenglong Bazar, Tamenlong Bazar, Manipur — PUNB0171220

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 Tamenglong Bazar branch in Tamenglong, Tamenlong Bazar, or Manipur, 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 Tamenglong or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code PUNB0171220. 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, Tamenglong Bazar, Tamenglong

Here are the key points that are associated with the IFSC Code PUNB0171220 of Punjab National Bank for its branch located in Tamenglong, within the district of Tamenlong Bazar in the state of Manipur.

These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Tamenglong for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0171220 for the Tamenglong Bazar branch of Punjab National Bank is vital.

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, including Punjab National Bank located in Tamenglong Bazar, Tamenglong, Manipur, is provided with a unique IFSC like PUNB0171220 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Punjab National Bank branch in Tamenglong.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Tamenglong and Tamenlong Bazar.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Manipur and the rest of India and the IFSC Code ensures that transactions meant for Punjab National Bank in Tamenglong Bazar do not get mixed with another location.

Format of the IFSC Code PUNB0171220

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Punjab National Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tamenglong Bazar in Tamenglong.

For example, the IFSC Code PUNB0171220 of Punjab National Bank for the Tamenglong Bazar branch has these elements, identifying the bank and the branch location in Tamenglong and Manipur correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0171220 of Punjab National Bank for its Tamenglong Bazar branch located in Tamenglong, 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 Tamenglong and Tamenlong Bazar, 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 Tamenglong Bazar or Tamenglong to get the exact IFSC Code PUNB0171220.

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 Tamenglong that will provide accurate information.

How to Use IFSC Code PUNB0171220 for Online Transfers?

Once you have the IFSC Code PUNB0171220 for the Tamenglong Bazar branch of Punjab National Bank in Tamenglong, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0171220. 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 PUNB0171220.

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 Tamenglong Bazar in Tamenglong 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 Tamenglong Bazar, 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 Tamenglong to handle online money transfers and get their cheques cleared smoothly.