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 Sukher Industrial Area branch in Udaipur, Bhuwana, or Rajasthan, 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 Udaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code PUNB0879500. 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, Sukher Industrial Area, Udaipur

Below in the table are the key details related to IFSC Code PUNB0879500 of Punjab National Bank for its branch located in Udaipur, within the district of Bhuwana in the state of Rajasthan.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0879500
Branch Sukher Industrial Area
City Udaipur
District Bhuwana
State Rajasthan
Address Sukher Industrial Area Sohansadan Bhuwana Byepass Rajasthan 313001

These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in Udaipur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0879500 for the Sukher Industrial Area 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, along with Punjab National Bank located in Sukher Industrial Area, Udaipur, Rajasthan, are given a unique IFSC like PUNB0879500 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Udaipur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Udaipur and Bhuwana.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Punjab National Bank in Sukher Industrial Area goes to the correct branch. This is important because Punjab National Bank has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PUNB0879500

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 Sukher Industrial Area in Udaipur.

For example, the IFSC Code PUNB0879500 of Punjab National Bank for the Sukher Industrial Area branch includes these elements, identifying the bank and the branch location in Udaipur and Rajasthan correctly.

How to Find IFSC Code for Punjab National Bank?

If you are trying to find the IFSC Code PUNB0879500 of Punjab National Bank for its Sukher Industrial Area branch located in Udaipur, 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 Udaipur and Bhuwana, 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 Sukher Industrial Area or Udaipur to get the exact IFSC Code PUNB0879500.

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 Udaipur that will provide accurate information.

How to Use IFSC Code PUNB0879500 for Online Transfers?

Once you have the IFSC Code PUNB0879500 for the Sukher Industrial Area branch of Punjab National Bank in Udaipur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0879500. The transfer is completed in batches instead of instantly. It is useful for both 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 PUNB0879500.

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 Sukher Industrial Area in Udaipur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Punjab National Bank in Sukher Industrial Area, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Punjab National Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Udaipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Sukher Industrial Area, Udaipur?

The IFSC Code is PUNB0879500.

Is the IFSC Code PUNB0879500 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 Sukher Industrial Area?

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 Sukher Industrial Area branch?

The address of the branch is Sukher Industrial Area Sohansadan Bhuwana Byepass Rajasthan 313001 located in Udaipur, Bhuwana, Rajasthan.

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.