Punjab National Bank – DHANDHRI KALAN, DISTT. LUDHANA – LUDHIANA
IFSC Code: PUNB0145300
MICR Code: 141024004
SWIFT Code: PUNBINBBDRK
Branch details
Address: DHANDHARI KALAN
District: LUDHIANA
City: LUDHIANA
State: PUNJAB
How to Use IFSC Code ‘PUNB0145300’ for Bank Transfers
PUNB0145300 is the IFSC code for the Canara Bank Secunderabad Army Ordnance Corps Centre branch. The IFSC is used to identify the beneficiary bank branch for electronic fund transfers such as NEFT and RTGS.
NEFT
To send money through NEFT, enter the beneficiary’s:
- Account holder name
- Bank account number
- IFSC code: PUNB0145300
- Bank name: Canara Bank
- Branch name: Secunderabad Army Ordnance Corps Centre
Make sure the account number and IFSC are correct before confirming the transaction. RBI guidance emphasizes the importance of providing correct beneficiary account details.
RTGS
RTGS can be used for eligible high-value transfers. Canara Bank states that customer RTGS transactions are available from ₹2 lakh and above.
Enter PUNB0145300 as the beneficiary’s IFSC when your bank asks for the branch IFSC.
IMPS
IMPS can be used for instant bank transfers when supported by your bank. When adding a beneficiary, enter the correct Canara Bank account number and IFSC where your banking app requires it.
How to Verify PUNB0145300 Before Transferring Money
Before making a transfer:
- Confirm that the IFSC is PUNB0145300.
- Check that the bank name and branch match the beneficiary’s details.
- Carefully verify the account number.
- Confirm the beneficiary name shown by your banking application, where available.
- If you have any doubt, verify the details with the beneficiary or Canara Bank before sending money.
Important: An incorrect account number can result in funds being credited incorrectly. RBI guidance says the account number is relied upon for crediting the beneficiary, so it should be checked carefully.
Indian Financial System Code (IFSC): PUNB0145300
The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).
- The first four characters represent the bank name.
- The fifth character is always ‘0’ and is reserved for future use.
- Branch Code 145300. The last six characters denote the specific bank branch.
How to Use SWIFT Code ‘PUNBINBBDRK’ for International Transfers
PUNBINBBDRK is the SWIFT/BIC code associated with Punjab National Bank Branch in LUDHIANA, IN. A SWIFT or BIC code is used to identify a bank or financial institution when sending or receiving international payments.
- PUNBINBBDRK Bank Details
- Bank: Punjab National Bank
- Branch:
- SWIFT/BIC Code: PUNBINBBDRK
- City: LUDHIANA
- Country: IN
- How to Use PUNBINBBDRK for International Money Transfers
If you are sending money internationally to an account at [Bank], your bank may ask for the beneficiary’s:
- Account holder name
- Bank account number or IBAN, where applicable
- Bank name
- Bank address
- SWIFT/BIC code: PUNBINBBDRK
Enter the SWIFT/BIC code exactly as provided by the beneficiary or receiving bank.
How to Verify PUNBINBBDRK Before Sending Money
Before making an international transfer, verify:
- The SWIFT/BIC code is PUNBINBBDRK.
- The bank name is Punjab National Bank.
- The branch and bank location are correct.
- The beneficiary’s account number or IBAN is correct.
- The beneficiary’s name matches the information provided by the receiving bank.
If you are unsure whether the SWIFT/BIC code is correct or active, confirm the details with the receiving bank before sending money.
SWIFT Code (BIC): PUNBINBBDRK
A SWIFT code, also known as a Business Identifier Code (BIC), is a standardized format used to identify banks and financial institutions worldwide. It acts as a unique international identifier that specifies both the bank and its location.
These codes are primarily used for transferring money between banks, especially for international wire transfers and SEPA payments. Additionally, SWIFT codes are used for secure communication and message exchange between financial institutions.
SWIFT Code Format: PUNBINBBDRK
- Bank Code: Identifies the bank (usually 4 letters)
- Country Code: Represents the country (2 letters – ISO standard)
- Location Code: Indicates the city or location of the bank (2 characters: letters or numbers)
- Branch Code: Specifies the branch (3 characters)
PUNB
Bank Code
IN
Country Code
BB
Location Code
DRK
Branch Code
MICR Code (Magnetic Ink Character Recognition): 141024004
The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.
