IFSC Code of Punjab National Bank, Makum, Makum, Assam — PUNB0001920

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 Makum branch in Tinsukia, Makum, Assam, 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 Tinsukia or anywhere in Assam can transfer funds instantly by using the correct IFSC Code PUNB0001920. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Makum, Tinsukia

The table below shows the main details of the IFSC Code PUNB0001920 for the Punjab National Bank branch in Tinsukia, which falls under the Makum district in Assam.

These details help users in online banking and for businesses and individuals who use Punjab National Bank in Tinsukia for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0001920 for the Makum 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab National Bank located in Makum, Tinsukia, Assam, is provided a unique IFSC like PUNB0001920 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Punjab National Bank branch in Tinsukia.
• 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 Tinsukia and Makum.
• 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 Assam and the rest of India, the IFSC Code ensures that transactions meant for Punjab National Bank in Makum do not get misguided to another person.

Format of the IFSC Code PUNB0001920

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 Makum in Tinsukia.

For example, the IFSC Code PUNB0001920 of Punjab National Bank for the Makum branch includes these elements, identifying the bank and the branch location in Tinsukia and Assam accurately.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0001920 of Punjab National Bank for its Makum branch located in Tinsukia, 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 Tinsukia and Makum, 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 Makum or Tinsukia to get the exact IFSC Code PUNB0001920.

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 Tinsukia, you'll get the correct details.

How to Use IFSC Code PUNB0001920 for Online Transfers?

If you have the IFSC Code PUNB0001920 for the Makum branch of Punjab National Bank in Tinsukia, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0001920. 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 PUNB0001920.

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 Makum in Tinsukia, it may 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 Makum, 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 Tinsukia manage their online transfers and cheque clearances easily.