PNB IFSC code: All you need to know
PNB IFSC code is a unique 11-character alphanumeric code that helps in identifying specific branches of the bank. IFSC Code of PNB is used by PNB account holders to send/transfer money online through NEFT/RTGS/IMPS facilities. PNB customers are also required to provide IFSC code of their PNB branch. PNB account holders can search PNB IFSC code of their branch on this IFSC code search page of financialexpress.com. Here,
PNB IFSC code: All you need to know
PNB IFSC code is a unique 11-character alphanumeric code that helps in identifying specific branches of the bank. IFSC Code of PNB is used by PNB account holders to send/transfer money online through NEFT/RTGS/IMPS facilities. PNB customers are also required to provide IFSC code of their PNB branch. PNB account holders can search PNB IFSC code of their branch on this IFSC code search page of financialexpress.com. Here, you can search Punjab National Bank IFSC code by providing inputs like your state, city and branch on top of this page under “PNB IFSC Code”. On this page, you can also find IFSC code of some of the top search branches of PNB. You can also find PNB branch details and address with the help your IFSC code by using the ‘Search IFSC Code by Bank’ feature on this page.
The full form of IFSC is Indian Financial System Code. The Reserve Bank of India has assigned this unique code for each branch of PNB. The IFSC code enables the electronic transfer of funds. Now PNB customers can transfer funds online 24×7 throughout the year, as per RBI guidelines.
PNB IFSC Code for Online Transaction
PNB IFSC code helps on making an online transaction. With the help of IFSC Code, you can send money to any account of the PNB and also receive money from any account of PNB. PNB IFSC code is also required to send/transfer money through NEFT facility from a PNB branch. There are certain limits on the amount that you can transact through PNB account online. Hence, you must check the maximum and minimum limit on the amount for which you can make a transaction online. This information is available on the official website of the PNB.
Punjab National Bank IFSC code is a must for online transactions. Suppose you have borrowed Rs 10,000 from a friend and want to return it using your net banking facility. To send the money, you need to first add your friend’s details like account number, bank and branch name and address and IFSC code of your friend’s bank branch. You can send money through net banking 24×7 to your friend, even if he/she doesn’t have an account in PNB. You will have to add your friend as a beneficiary with his bank account details on your bank’s net banking portal.
PNB IFSC Code format
The first four characters of PNB IFSC code denotes the bank names while the fifth character is zero. The remaining six characters of the IFSC code of PNB are unique and assigned for each branch of the PNB. Thus there are three components of Punjab National Bank IFSC code.
1. Bank name denoted by first four characters of the PNB IFSC code
2. Zero as the fifth character. Zero is used as the fifth character of the PNB IFSC code is reserved for future use by the Reserve Bank of India.
3. The last six characters show the unique PNB branch code. No two branches of PNB can have same IFSC codes.
How to find PNB IFSC code
You can find the IFSC code of your Punjab National Bank branch on the cheque book issued by the PNB. You can also find IFSC code of any branch of PNB on Financial Express IFSC code page.