IFSC Codes of Punjab National Bank Chandigarh | Available Here

About the Bank

The Punjab National Bank is an Indian Multinational Banking and Financial Services Company. It is a State-owned corporation based in New Delhi, India. The bank was founded in the year 1894. as per the current record, the bank has over 80 million customers, 6937 branches, 10681 ATMs across 764 cities.

The Bank also has its branches outside India. The bank has its subsidiary in the UK, as well as the branches in Hong Kong, Kowloon, Dubai and Kabul. Its representative offices are in Kazakhstan, Dubai, Shanghai, Oslo and Sydney.

Products and Services

The bank provides a wide range of products and services for its customers. The following are the different 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 methods for bank funds transfer are NEFT, RTGS, IMPS etc. The RTGS stands for the Real Time Gross Settlement and National Electronic Fund Transfer (NEFT). These methods are quick and safe. The transactions that are performed by these use an IFSC Code that is unique in nature and is different to each and every bank branch. Hence, the IFSC Codes plays a very vital role in case of the online transactions.

The IFSC Codes of Punjab National Bank Chandigarh

The full form of IFSC is Indian Financial System Code. These codes are 11-digit alpha-numeric unique codes which is used to identify the bank branch of India. The codes are found in the cheque books of an individuals, corporates, and firms etc. and during the making of the online fund transfers.

These codes are used to making fund transfers through NEFT and RTGS. The first four characters of the code are in the alphabets and denotes the bank name, the fifth character s set as default “0” this character is kept for future purpose, and the last six digit numbers represents the bank branch.

You can easily get the IFSC Code of any bank branch if you have the following required information:

• Name of the bank
• Name of the State
• Name of the District
• Branch Name

The IFSC Code of Punjab National Bank, Chandigarh- Bilaspur, Sadar bazaar Bank Branch is PUNB0005800.