Use this page as a one-stop reference for everything related to Punjab National Bank's BANSGORA branch in BANSGORA, WEST BENGAL. The branch's IFSC code PUNB0110520 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, PUNB0110520 is the IFSC of Punjab National Bank's BANSGORA branch. The format is fixed: PUNB = bank code, 0 = reserved, 110520 = branch identifier.
About Punjab National Bank
Punjab National Bank operates a wide network of branches across India, including the Bansgora branch in Bansgora. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, PUNB0110520.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Bansgora |
| IFSC Code | PUNB0110520 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VILL &P.O BANSGORA,PURBA MEDINIPUR |
| City | Bansgora |
| District | Purba Medinipur |
| State | West Bengal |
About this branch
The branch is located at VILL &P.O BANSGORA,PURBA MEDINIPUR. It serves the Bansgora region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Punjab National Bank. The IFSC PUNB0110520 is used to identify this branch on the RBI payments network.
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 BANSGORA branch came to be assigned the code PUNB0110520.
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 PUNB0110520, money simply cannot be routed to the BANSGORA branch electronically.
Account types you can open at the Bansgora branch
Once you have an account at Punjab National Bank – BANSGORA, the IFSC PUNB0110520 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Bansgora 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 PUNB0110520
How to transfer money using IFSC PUNB0110520
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 PUNB0110520 across all three.
How to use IFSC PUNB0110520 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab National Bank's BANSGORA 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 PUNB0110520.
- Confirm the bank name auto-populates as Punjab National Bank and the branch as BANSGORA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC PUNB0110520
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 – BANSGORA, ensure your bank's portal accepts IFSC PUNB0110520 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab National Bank BANSGORA (IFSC PUNB0110520)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0110520 in your mobile or internet banking app, and the money is credited to the BANSGORA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Bansgora
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 PUNB0110520:
- 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 BANSGORA is still linked to IFSC PUNB0110520.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Punjab National Bank's BANSGORA branch, the IFSC PUNB0110520 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Online banking and IFSC PUNB0110520
Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the BANSGORA 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 PUNB0110520 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 Bansgora branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0110520 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 – BANSGORA:
- The IFSC is exactly PUNB0110520 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 BANSGORA 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 Bansgora branch sits at VILL &P.O BANSGORA,PURBA MEDINIPUR. If you are travelling from outside Bansgora, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 PUNB0110520 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PUNB0110520 for Punjab National Bank – BANSGORA, 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 Bansgora branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0110520, however, work 24x7.
Branch address & contact
Punjab National BankBansgora Branch
VILL &P.O BANSGORA,PURBA MEDINIPUR
Bansgora, West Bengal
Phone: the branch contact number
IFSC: PUNB0110520
Frequently asked questions
Is IFSC PUNB0110520 the same for all accounts at Bansgora branch?
Yes. The IFSC PUNB0110520 is shared by every account held at Punjab National Bank's Bansgora branch. Only the account number changes from customer to customer.
Where is Punjab National Bank Bansgora branch located?
Punjab National Bank's Bansgora branch is located at VILL &P.O BANSGORA,PURBA MEDINIPUR, Bansgora, West Bengal.
Does Punjab National Bank Bansgora branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
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 Bansgora branch but serve different purposes.
How quickly will an NEFT transfer using PUNB0110520 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Bansgora reflect within 30 minutes.
Can I use IFSC PUNB0110520 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0110520 to send funds instantly.
What is the phone number of Punjab National Bank Bansgora branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC PUNB0110520 valid for NEFT and RTGS?
Yes. IFSC PUNB0110520 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code PUNB0110520 belongs to Punjab National Bank's BANSGORA branch, located at VILL &P.O BANSGORA,PURBA MEDINIPUR in BANSGORA, WEST BENGAL. 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.
