Detailed Branch Information for Punjab National Bank IFSC Code in Muktsar, Punjab - Punjab National Bank Branch List Muktsar, Punjab
You are viewing the branch listings for Punjab National Bank in Muktsar, Punjab. This page provides the final level of detail needed to initiate a secure transaction.
Important Verification Steps:
Before initiating a transfer to any branch in Muktsar:
Verify the IFSC Code matches the one printed on the beneficiary's cheque book or passbook.
Check the Branch Address to confirm it is the correct location, especially in large cities with multiple branches.
Note the MICR Code if you are planning to issue a physical cheque.
Safety Tip: The IFSC code is sensitive to the sheer volume of branches. Always double-check. The codes listed here are sourced directly from the RBI master list and are safe for use in all NEFT/RTGS/IMPS applications.
Frequently Asked Questions about IFSC Codes & Banking
IFSC stands for Indian Financial System Code. It is an 11-digit alphanumeric unique code used to identify each bank branch in India. It is mandatory for fund transfers via NEFT, RTGS, and IMPS systems.
You can find your IFSC code in 4 common places:
On your **Bank Cheque Book** (usually top left or center).
On the first page of your **Bank Passbook**.
In your **Net Banking** or **Mobile Banking** app under account details.
Using **Online IFSC Finding Tools** like ToolMini by selecting your bank, state, and branch.
IFSC (11 characters): Used for electronic money transfers (online). It identifies the specific bank branch for digital payments.
MICR (9 digits): Stands for *Magnetic Ink Character Recognition*. It is used for clearing physical cheques. It helps machines read the cheque details faster.
No. Every single bank branch in India has a unique IFSC code. This uniqueness prevents money from being sent to the wrong branch. Even if two branches are on the same street, their codes will differ in the last 6 characters.
Not always, but it helps. When you transfer money using a **Mobile Number** or **UPI ID**, you don't need it. However, if you choose the "Transfer to Bank Account" option in these apps, you **must** enter the Account Number and IFSC code of the receiver.
Two things can happen:
1. **Code Format Invalid:** The banking system will reject it immediately, and the transaction won't start.
2. **Code Valid but Wrong Branch:** If the Account Number also matches an account in that wrong branch (highly unlikely but possible), funds could be credited wrongly. Usually, the transaction bounces back because the account name won't match.
Yes. When banks merge (e.g., Syndicate Bank into Canara Bank, or Allahabad Bank into Indian Bank), the old IFSC codes are eventually deactivated, and **new codes** are assigned. Customers must update their beneficiaries with the new codes to ensure successful transfers.
The 5th character of every IFSC code is always the digit **zero (0)**. It is reserved by the RBI for future use. If you see an 'O' (letter) instead of '0' (zero), it is a typo.
No. IFSC is only for domestic transfers within India. For international money transfers, you need the **SWIFT Code** (Society for Worldwide Interbank Financial Telecommunication) or BIC.
NEFT: No minimum limit. Maximum depends on your bank (usually ₹10 Lakhs/day).
RTGS: Minimum ₹2 Lakhs. No upper limit (subject to bank policies).
IMPS: Usually capped at ₹5 Lakhs per day.
Yes. An IFSC code alone cannot be used to hack your account or withdraw money. It only identifies the branch location. However, never share your OTP, Password, or PIN along with it.
If a branch moves within the same locality, the IFSC code usually remains the same. However, if it closes and merges with another branch, the accounts are transferred, and you will be assigned the new branch's IFSC code.
When you pay a credit card bill from a *different* bank account via NEFT, you need to add your Credit Card as a beneficiary. In this case, the bank usually provides a specific, universal IFSC code for all credit card payments (e.g., HDFC Card payments use HDFC0000128).
Currently, our tool is optimized for finding the code by drilling down (Bank -> State -> District). We are working on a "Reverse Lookup" feature to let you verify which branch belongs to a specific code.
No, an IFSC code does not have an expiry date. It remains valid as long as the bank branch exists and is operational. It only changes if the branch is closed, merged, or if the bank undergoes a major restructuring.