Select Branch for Punjab National Bank in Indore, Madhya Pradesh

Choose a branch to view IFSC code and details

Branch
AnnaPurna Road, Indore

PUNB0971700

4, SARASWATI NAGAR , ANNAPURNA MAIN ROAD DISTT INDORE MP 452001
Branch
Cac Indore

PUNB0838500

20 SNEH NAGAR SAPNA SANGEETE ROAD MP INDOR 452001
Branch
Clpc Indore

PUNB0637400

IMLI BAZAAR
Branch
DepalPur

PUNB0985400

9 BY 193,NEHRU MARG,TEHSIL ROAD BETMA NAKA,DEPALPUR INDORE MADHYA PRADESH 453115
Branch
Dongergaon, Distt Indore

PUNB0218210

DR. B.R. AMBEDKAR UNI DR.AMBEDKAR NAGAR,MHOW 453441
Branch
Goyal Nagar-indore

PUNB0163110

SIMRAN REGENCY,108 SARV SUVIDHA NAGAR 452010
Branch
Imli Bazar

PUNB0963800

152 PALIWAL DHARAMSALA FIRST FLOOR IMLI BAZAR INDORE MP 452001
Branch
Indira Comp Navlakha ,indore

PUNB0323800

INDIRA COMP NAVLAKHA ,INDORE
Branch
Indore

PUNB0089120

UG -109-114 PREM TRADE,CENTRE, MAHARANI ROAD
Branch
Indore - Rnt Marg

PUNB0018310

12/2 RNT MARG CHETAK CENTRE INDORE (MP) 452001
Branch
Indore Chhota Bangarda

PUNB0985800

LAXMIBAI NAGAR,KRISHI UPAJ MANDIPARISAR CHHOTA BANGARDA,INDORE MADHYA PRADESH 452005
Branch
Indore City Akshaya

PUNB0880600

13 NAVRATAN BAGH INDORE MP INDOR 452001
Branch
Indore Mp Housing Board Comp,

PUNB0289200

MPHB SHOPPING COMPLEX,AB ROAD
Branch
Indore PardeshiPura

PUNB0985600

1384 BY 11,NANDANAGAR INDORE MADHYA PRADESH 452002
Branch
Indore Pipliyahana

PUNB0985700

GRRTA SHREE APARTMENT,SCHEME NO 94 PIPLIYAHANA SQUARE,INDORE MADHYA PRADESH 452016
Branch
Indore Rpc, Distt. Indore (mp)

PUNB0288600

INDORE RPC, 152 IMLI BAZAR
Branch
Indore Sanwar Road, Distt. Ind

PUNB0215700

MARIMATA CHOURAHA,INDORE
Branch
Indore Scheme No Fifty Four

PUNB0078810

BF-34,SCHEME NO-54 INDORE 452010
Branch
Indore Sitla Mata Bazar, Distt

PUNB0021200

36,SITLAMATA BAZAR
Branch
Indore Siyaganj

PUNB0021300

GG TOWER, 24 MG ROAD
Branch
Indore- Sneh Nagar

PUNB0062310

38, SAJANNAGAR, NAVLAKHA MAIN ROAD, 452001
Branch
Indore- Sudama Nagar

PUNB0088410

83-A, SUDAMA NAGAR 452009
Branch
Indore-jakhiya

PUNB0169710

ORIENTAL UNIVERSITY CA SANWER ROAD, DISTT. IN 452003
Branch
Indore-sgsits

PUNB0091110

Y N ROAD 452003
Branch
Indore, A.b. Road

PUNB0130510

NIKITA APARTMENT, R K PURAM COLONY AB RD 452008
Branch
Indore, Airport Road

PUNB0218110

325, VENKATESH NAGAR, NEW 60FT. ROAD, INDORE 452005
Branch
Indore, Armb

PUNB0688500

20, SNEH NAGAR, SAPNA SANGEETA ROAD
Branch
Indore, Manormaganj

PUNB0069900

INDORE MANORMAGANJ, DISTT. IND
Branch
Indore, Pimr

PUNB0625100

PREST.INS.MANAGEMENT & RES. INDORE
Branch
Indore,circle Office

PUNB0379900

CIRCLE OFFICE INDORE
Branch
Indore,kesar Bagh Road

PUNB0394100

KESAR BAGH ROAD INDORE
Branch
Jamniya Khurd Distt-indore

PUNB0211310

VILL. JAMNIYA KHURD,P.O. SANAWDIA,DISTT-INDORE,MADHYA PRADESH-452016.
Branch
Khatiwala Tank

PUNB0145720

529,KHATIWALA TANK,INDORE
Branch
Khatiwala Tank,indore

PUNB0165110

R-202,KHATIWALA TANK INDORE 452014
Branch
Mangalia Sadak Distt-indore

PUNB0205610

259, 260/1 GRAM MANGALIA SADAK,SANWER 453771
Branch
Mhowmp

PUNB0019910

393 ABROAD MHOW 453441
Branch
New Sabzi Mandi ,indore

PUNB0399000

NEW SABZI MANDI ,INDORE
Branch
NihalPur Mandi

PUNB0984900

NIHALPUR MANDI DIST INDORE MADHYA PRADESH 452013
Branch
Pigdambar,dist.indore- M.p.

PUNB0992800

MEDICAPS COLLEGE CAMPES,AB ROAD, PIGDAMBAR, DIST. INDORE MADHYA PRADESH 453331
Branch
Race Cource Road, Indore

PUNB0971800

58-4 , R S BHANDARI MARG RACE COURCE ROAD DISTT INDORE MP 452001
Branch
Rajendra Nagar, Indore

PUNB0971600

169, VIP PARASPAR NAGAR , SCHEME NO 97, PART 4,SLICE 4 INDORE MP 452012
Branch
Retail Asset Branch Indore

PUNB0993400

INDIRA COMP NAVLAKHA INDORE MADHYA PRADESH 452001
Branch
Scheme No One Hundred Thirty Four Indore

PUNB0218010

20RC SCHEME 134 DISTT INDORE MP 452010
Branch
Scheme No. Seventy Eight

PUNB0633600

HOUSE NO.58/D/B/S-1 SCHEME NO. 78
Branch
Tilak Nagar,indore

PUNB0224910

1/1,TILAK NAGAR 452016
Branch
Vijay Nagar, Indore

PUNB0462200

FF 36, SCHEME NO. 54, VIJAY NAGAR

What are Punjab National Bank IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Punjab National Bank IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Punjab National Bank IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Punjab National Bank Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Punjab National Bank Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

Latest Blog Posts