Punjab National Bank IFSC Codes
The Punjab National Bank is an Indian Multinational Banking Corporation. The bank was founded on 19th May 1894. The Bank has its headquarters in New Delhi. As per the record on 31st March 2017, the Bank has over 80 million customers with 6937 number of branches and 10681 ATMs across 764 Cities. The bank has collected a revenue of 47, 424.35 Crore on 2016 and it has total of 70, 801 employees.
The bank has left its footprints outside India also. The bank has its subsidiary in UK as well as has its branches in Hong Kong, Kowloon, Dubai and Kabul.
The representative offices are located in Dubai, Kazakhstan, Shanghai, and Oslo etc.
Sunil Mehta is the Managing Director and CEO of the Bank.
Products and Services
The Bank provides a wide range of products and services for its customers. The following are the products and services offered by the bank:
- Credit cards
- Consumer Banking
- Corporate Banking
- Finance and Insurance
- Investment Banking
- Mortgage Loans
- Private Equity and
- Wealth Management
Punjab National Bank and its IFSC Codes
The Punjab National Bank offers different ways to transfer funds from one account to another. Some of the transfer methods are NEFT, RTGS, IMPS and MICR. The RTGS which is otherwise called as The Real Time Gross Settlement and National Electronic Fund Transfer (NEFT) are the money transfer methods. These methods are safe and secure. The transactions performed by these uses IFSC Codes that are unique to every individual bank branch. Hence, the IFSC Codes plays a vital role in the online transactions.
Punjab National Bank IFSC Codes
The IFSC stands for Indian Financial System Code. These codes are 11 digit alpha-numeric unique code which is used to identify each bank branch situated in India. These codes are mentioned in the bank cheque books of an individuals, firms and corporates etc. These codes are also used to transfer money through NEFT and RTGS as mentioned in the above section.
The first four characters of the code are in alphabets which denotes the bank name and the last six digits are the numbers that represents the bank.
You can get the IFSC Code of any Bank, if you have the following information:
- Name of the Bank
- Name of the State
- Name of the District
- Branch Name
The IFSC Code of the Punjab National’s Bank Gaini, Bareilly, Uttar Pradesh Branch is PUNB0211100 (used for RTGS, IMPS and NEFT Transfers). The last six characters denotes the Branch Code. The MICR Code is 24302455.
