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Punjab National Bank

KHOSA KOTLA DISTT-MOGA BRANCH

+911642246217

IFSC CODE
PUNB0202110
MICR Code 142024022
Branch Code 202110
City / District KHOSA KOTLA
State PUNJAB
Office Address PO-KHOSA RANDHIR TEHSIL-DHARAMKOT MOGA 152028
Phone +911642246217
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Understanding IFSC Code: The Digital DNA of Punjab National Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the KHOSA KOTLA DISTT-MOGA branch of Punjab National Bank, the code PUNB0202110 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the PUNB0202110 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"PUNB" represents Punjab National Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for KHOSA KOTLA DISTT-MOGA

Payment Systems Supported by PUNB0202110

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—142024022—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Punjab National Bank in KHOSA KOTLA typically follows the RBI holiday calendar. Digital transfers via PUNB0202110 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While PUNB0202110 is the valid code for KHOSA KOTLA DISTT-MOGA at KHOSA KOTLA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • KHOSA KOTLA DISTT-MOGA Contact
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Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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