IFSC Code of Punjab National Bank, Darwha Road, Yavatmal, Maharashtra — PUNB0592300

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 Darwha Road branch in Yavatmal, Yavatmal, or Maharashtra, 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 Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PUNB0592300. 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, Darwha Road, Yavatmal

Below in the table are the key details related to IFSC Code PUNB0592300 of Punjab National Bank for its branch located in Yavatmal, within the district of Yavatmal in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Punjab National Bank in Yavatmal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUNB0592300 for the Darwha Road branch of Punjab National Bank plays a vital role.

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 Darwha Road, Yavatmal, Maharashtra, are allotted a unique IFSC like PUNB0592300 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Punjab National Bank in Darwha Road reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code PUNB0592300

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 Darwha Road in Yavatmal.

For example, the IFSC Code PUNB0592300 of Punjab National Bank for the Darwha Road branch includes these elements, identifying the bank and the branch location in Yavatmal and Maharashtra correctly.

How to Find IFSC Code for Punjab National Bank?

If you are looking for the IFSC Code PUNB0592300 of Punjab National Bank for its Darwha Road branch located in Yavatmal, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Punjab National Bank and look for the branch locator section, then search for Darwha Road or Yavatmal to get the exact IFSC Code PUNB0592300.

Mobile Banking App

If you use Punjab National Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab National Bank and Yavatmal, then it will provide you proper information.

How to Use IFSC Code PUNB0592300 for Online Transfers?

Once you have the IFSC Code PUNB0592300 for the Darwha Road branch of Punjab National Bank in Yavatmal, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUNB0592300. 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 PUNB0592300.

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 Darwha Road in Yavatmal, it can 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 Darwha Road, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Yavatmal manage online transfers as well as cheque clearances with ease.