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 Baromura Gtp branch in West Tripura, Agartala, Tripura, 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 West Tripura or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code PUNB0114320. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab National Bank, Baromura Gtp, West Tripura

Here are some of the key details that come with the IFSC Code PUNB0114320 of Punjab National Bank for its branch located in West Tripura, within the district of Agartala in the state of Tripura.

Particulars Details
Bank Punjab National Bank
IFSC Code PUNB0114320
Branch Baromura Gtp
City West Tripura
District Agartala
State Tripura
Address Mathchowmohani,P.O Agartola Tripura(W

These details are important not only for users using online banking but also for businesses and individuals who use Punjab National Bank in West Tripura for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PUNB0114320 for the Baromura Gtp 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 that is provided by the Reserve Bank of India. A unique IFSC like PUNB0114320 is given to every bank branch, including Punjab National Bank located in Baromura Gtp, West Tripura, Tripura, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Punjab National Bank branch in West Tripura.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like West Tripura and Agartala.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tripura and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab National Bank in Baromura Gtp doesn't end up at another location.

Format of the IFSC Code PUNB0114320

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 Baromura Gtp in West Tripura.

For example, the IFSC Code PUNB0114320 of Punjab National Bank for the Baromura Gtp branch includes these elements, identifying the bank and the branch location in West Tripura and Tripura correctly.

How to Find IFSC Code for Punjab National Bank?

To find the IFSC Code PUNB0114320 of Punjab National Bank for its Baromura Gtp branch located in West Tripura, the following methods can help you out:

Cheque Book

The cheque book issued by Punjab National Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Punjab National Bank branches in West Tripura and Agartala, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Punjab National Bank and go to the branch locator section. Then search for Baromura Gtp or West Tripura to find the exact IFSC Code PUNB0114320.

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 maintains an updated database of all IFSC codes. Searching for Punjab National Bank and West Tripura will provide accurate information.

How to Use IFSC Code PUNB0114320 for Online Transfers?

Once you have the IFSC Code PUNB0114320 for the Baromura Gtp branch of Punjab National Bank in West Tripura, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PUNB0114320. 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 PUNB0114320.

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 Baromura Gtp in West Tripura, your payment can get delayed or might not go through at all.

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 Baromura Gtp, 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 West Tripura to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab National Bank in Baromura Gtp, West Tripura?

The IFSC Code is PUNB0114320.

Is the IFSC Code PUNB0114320 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Punjab National Bank Baromura Gtp?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Baromura Gtp branch?

The address of the branch is Mathchowmohani,P.O Agartola Tripura(W located in West Tripura, Agartala, Tripura.

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.

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