Prathama UP gramin bank ifsc code
The IFSC code is a critical piece of information that is required for online banking transactions. In this article, we will provide detailed information about the Punjab National Bank (PNB) and Prathama U.P. Gramin Bank (PUGB) IFSC code for the Moradabad branch (PUNB0SUPGB5).
PNB is one of the largest public sector banks in India, with a vast network of branches across the country. Prathama U.P. Gramin Bank is a regional rural bank that operates in the Uttar Pradesh region of India. The collaboration between PNB and PUGB has made banking more accessible to people in rural areas.
IFSC stands for Indian Financial System Code, which is an 11-digit alphanumeric code assigned by the Reserve Bank of India (RBI) to identify bank branches uniquely. The IFSC code is used in electronic fund transfer (EFT) systems such as NEFT, RTGS, and IMPS, to transfer funds securely and efficiently.
The IFSC code for the PNB Moradabad branch operated by Prathama U.P. Gramin Bank is PUNB0SUPGB5. Let us break down this code to understand its components. The first four characters ‘PUNB’ represent the bank code of Punjab National Bank.
The next character ‘0’ is a control character that is reserved for future use. The following four characters ‘SUPG’ represent the bank code of Prathama U.P. Gramin Bank. The last character ‘B5’ represents the branch code of the Moradabad branch.
It is essential to note that each bank branch has a unique IFSC code. Therefore, it is crucial to verify the IFSC code before initiating any electronic fund transfer to avoid any errors or delays.
Here is a summary of the key points covered in this article:
- PNB is one of the largest public sector banks in India, with a vast network of branches across the country.
- Prathama U.P. Gramin Bank is a regional rural bank that operates in the Uttar Pradesh region of India.
- The IFSC code is a critical piece of information required for online banking transactions.
- The IFSC code for the PNB Moradabad branch operated by Prathama U.P. Gramin Bank is PUNB0SUPGB5.
- Each bank branch has a unique IFSC code, which must be verified before initiating any electronic fund transfer.
In conclusion, this article provides a comprehensive and informative guide on the Punjab National Bank (PNB) and Prathama U.P. Gramin Bank (PUGB) IFSC code for the Moradabad branch (PUNB0SUPGB5). We hope this article has been helpful in providing you with the necessary information required for your online banking transactions.
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