IFSC Code of Punjab National Bank, Ranjangaon Sherpunji Wluj Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab National Bank, RANJANGAON SHERPUNJI WLUJ branch in AURANGABAD. The 11-digit IFSC PUNB0594500 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Punjab National Bank at the RANJANGAON SHERPUNJI WLUJ location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Punjab National Bank's RANJANGAON SHERPUNJI WLUJ branch, the IFSC PUNB0594500 breaks down as follows: PUNB identifies the bank, 0 is the reserved character, and 594500 identifies this particular branch.

About the bank

Punjab National Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Ranjangaon Sherpunji Wluj branch in Aurangabad, Maharashtra is part of this network and uses the IFSC code PUNB0594500 for all electronic settlement.

Branch details at a glance

Ranjangaon Sherpunji Wluj branch overview

Located at 13325 SHUTTER NO GROUND FLOOR PO GHANEGAON TALUKA GANGAPUR AURANGABAD MAHARASHTRA RANJA 431136, the Ranjangaon Sherpunji Wluj branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PUNB0594500 is required for all interbank electronic transfers routed through this branch.

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 RANJANGAON SHERPUNJI WLUJ branch came to be assigned the code PUNB0594500.

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 PUNB0594500, money simply cannot be routed to the RANJANGAON SHERPUNJI WLUJ branch electronically.

Products and account variants supported

Every account opened at the Ranjangaon Sherpunji Wluj branch is mapped to IFSC PUNB0594500 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 PUNB0594500.

Products and services

Customers walking into the Ranjangaon Sherpunji Wluj branch can access most of Punjab National Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC PUNB0594500

How to transfer money using IFSC PUNB0594500

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 PUNB0594500 across all three.

NEFT to Punjab National Bank, RANJANGAON SHERPUNJI WLUJ using IFSC PUNB0594500

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC PUNB0594500, and confirm that the system picks up Punjab National Bank – RANJANGAON SHERPUNJI WLUJ. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to RANJANGAON SHERPUNJI WLUJ

If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's RANJANGAON SHERPUNJI WLUJ branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0594500 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab National Bank RANJANGAON SHERPUNJI WLUJ (IFSC PUNB0594500)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0594500 in your mobile or internet banking app, and the money is credited to the RANJANGAON SHERPUNJI WLUJ branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC PUNB0594500 for Punjab National Bank – RANJANGAON SHERPUNJI WLUJ, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Ranjangaon Sherpunji Wluj branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC PUNB0594500

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 – RANJANGAON SHERPUNJI WLUJ is still mapped to IFSC PUNB0594500. 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 PUNB0594500 and the beneficiary's account number to complete the transfer.

Online banking and IFSC PUNB0594500

Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the RANJANGAON SHERPUNJI WLUJ branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC PUNB0594500 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR & cheque-truncation details

Cheques drawn on the Ranjangaon Sherpunji Wluj branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0594500 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – RANJANGAON SHERPUNJI WLUJ:

• The IFSC is exactly PUNB0594500 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 RANJANGAON SHERPUNJI WLUJ 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.

Reaching the branch

The Ranjangaon Sherpunji Wluj branch sits at 13325 SHUTTER NO GROUND FLOOR PO GHANEGAON TALUKA GANGAPUR AURANGABAD MAHARASHTRA RANJA 431136. If you are travelling from outside Aurangabad, search for the branch on a maps application using the bank name and locality, or call 9623008530 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC PUNB0594500 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PUNB0594500 for Punjab National Bank – RANJANGAON SHERPUNJI WLUJ, 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.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Ranjangaon Sherpunji Wluj branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0594500, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: PUNB0594500 is the IFSC code of Punjab National Bank, RANJANGAON SHERPUNJI WLUJ branch, in AURANGABAD, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.