Use this page as a one-stop reference for everything related to Punjab National Bank's ASHOK NAGAR branch in ASHOK NAGAR MP, MADHYA PRADESH. The branch's IFSC code PUNB0066010 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Punjab National Bank – ASHOK NAGAR is PUNB0066010. The first four letters PUNB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 066010 map to this branch in ASHOK NAGAR MP, MADHYA PRADESH.
About the bank
Punjab National Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Ashok Nagar branch in Ashok Nagar Mp, Madhya Pradesh is part of this network and uses the IFSC code PUNB0066010 for all electronic settlement.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Ashok Nagar |
| IFSC Code | PUNB0066010 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR RAILWAY STATION BILALA MILL ROAD 473331 |
| City | Ashok Nagar Mp |
| District | Ashoknagar |
| State | Madhya Pradesh |
| STD Code | 7543 |
| Phone | 225113 |
About the Ashok Nagar branch
The Ashok Nagar branch of Punjab National Bank is situated at NEAR RAILWAY STATION BILALA MILL ROAD 473331. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code PUNB0066010 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Punjab National Bank's ASHOK NAGAR branch came to be assigned the code PUNB0066010.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC PUNB0066010, money simply cannot be routed to the ASHOK NAGAR branch electronically.
Products and account variants supported
Every account opened at the Ashok Nagar branch is mapped to IFSC PUNB0066010 on the RBI payments network. The branch generally supports the full retail product catalogue of Punjab National Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains PUNB0066010.
Banking services available
The Ashok Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7543-225113.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC PUNB0066010
How to transfer money using IFSC PUNB0066010
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC PUNB0066010 across all three.
How to use IFSC PUNB0066010 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab National Bank's ASHOK NAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC PUNB0066010.
- Confirm the bank name auto-populates as Punjab National Bank and the branch as ASHOK NAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC PUNB0066010
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Punjab National Bank – ASHOK NAGAR, ensure your bank's portal accepts IFSC PUNB0066010 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab National Bank ASHOK NAGAR (IFSC PUNB0066010)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0066010 in your mobile or internet banking app, and the money is credited to the ASHOK NAGAR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Ashok Nagar
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC PUNB0066010:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at ASHOK NAGAR is still linked to IFSC PUNB0066010.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC PUNB0066010
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Punjab National Bank – ASHOK NAGAR is still mapped to IFSC PUNB0066010. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC PUNB0066010 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Ashok Nagar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC PUNB0066010 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Punjab National Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC PUNB0066010 and the account number together uniquely identify the Ashok Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Punjab National Bank – ASHOK NAGAR:
- The IFSC is exactly PUNB0066010 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Punjab National Bank as the bank name and ASHOK NAGAR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Ashok Nagar branch
The branch is located at NEAR RAILWAY STATION BILALA MILL ROAD 473331, which puts it inside Ashok Nagar Mp, the broader Ashoknagar district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Punjab National Bank Ashok Nagar branch” — the verified location pin for IFSC PUNB0066010 should appear at the top of the results.
- Confirm the branch is open by calling 7543-225113 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC PUNB0066010 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PUNB0066010 for Punjab National Bank – ASHOK NAGAR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Ashok Nagar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to PUNB0066010 continue to work without interruption.
Branch address & contact
Punjab National BankAshok Nagar Branch
NEAR RAILWAY STATION BILALA MILL ROAD 473331
Ashok Nagar Mp, Madhya Pradesh
Phone: 7543-225113
IFSC: PUNB0066010
Frequently asked questions
Is IFSC PUNB0066010 the same for all accounts at Ashok Nagar branch?
Yes. The IFSC PUNB0066010 is shared by every account held at Punjab National Bank's Ashok Nagar branch. Only the account number changes from customer to customer.
Can I use IFSC PUNB0066010 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0066010 to send funds instantly.
What is the IFSC code of Punjab National Bank Ashok Nagar branch?
The IFSC code of Punjab National Bank, Ashok Nagar branch is PUNB0066010. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Punjab National Bank Ashok Nagar branch?
You can reach the branch at 7543-225113 during regular banking hours.
How quickly will an NEFT transfer using PUNB0066010 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Ashok Nagar reflect within 30 minutes.
How do I add Punjab National Bank Ashok Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0066010, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Ashok Nagar branch but serve different purposes.
Summary
The IFSC code PUNB0066010 belongs to Punjab National Bank's ASHOK NAGAR branch, located at NEAR RAILWAY STATION BILALA MILL ROAD 473331 in ASHOK NAGAR MP, MADHYA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
