This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab National Bank, NER WORKSHOP, IZZATNAGAR branch in BAREILLY. The 11-digit IFSC PUNB0408500 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 NER WORKSHOP, IZZATNAGAR 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.
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 – NER WORKSHOP, IZZATNAGAR is PUNB0408500. The first four letters PUNB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 408500 map to this branch in BAREILLY, UTTAR PRADESH.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Ner Workshop, Izzatnagar |
| IFSC Code | PUNB0408500 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NER WORKSHOP, IZATNAGAR |
| City | Bareilly |
| District | Bareilly |
| State | Uttar Pradesh |
About Punjab National Bank
Punjab National Bank operates a wide network of branches across India, including the Ner Workshop, Izzatnagar branch in Bareilly. 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, PUNB0408500.
About this branch
The branch is located at NER WORKSHOP, IZATNAGAR. It serves the Bareilly 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 PUNB0408500 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 NER WORKSHOP, IZZATNAGAR branch came to be assigned the code PUNB0408500.
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 PUNB0408500, money simply cannot be routed to the NER WORKSHOP, IZZATNAGAR branch electronically.
How to transfer money using IFSC PUNB0408500
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 PUNB0408500 across all three.
NEFT to Punjab National Bank, NER WORKSHOP, IZZATNAGAR using IFSC PUNB0408500
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 PUNB0408500, and confirm that the system picks up Punjab National Bank – NER WORKSHOP, IZZATNAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PUNB0408500
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 – NER WORKSHOP, IZZATNAGAR, ensure your bank's portal accepts IFSC PUNB0408500 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Punjab National Bank – NER WORKSHOP, IZZATNAGAR, use IMPS. With IFSC PUNB0408500 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PUNB0408500 for Punjab National Bank – NER WORKSHOP, IZZATNAGAR, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – PUNB0408500 | Yes – PUNB0408500 | Yes – PUNB0408500 |
For most retail customers crediting the Ner Workshop, Izzatnagar 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 PUNB0408500
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 – NER WORKSHOP, IZZATNAGAR is still mapped to IFSC PUNB0408500. 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 PUNB0408500 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Ner Workshop, Izzatnagar branch is mapped to IFSC PUNB0408500 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 PUNB0408500.
Products and services
Customers walking into the Ner Workshop, Izzatnagar 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 PUNB0408500
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 PUNB0408500 and the account number together uniquely identify the Ner Workshop, Izzatnagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Ner Workshop, Izzatnagar 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 PUNB0408500 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.
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 – NER WORKSHOP, IZZATNAGAR:
- The IFSC is exactly PUNB0408500 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 NER WORKSHOP, IZZATNAGAR 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 Ner Workshop, Izzatnagar branch
The branch is located at NER WORKSHOP, IZATNAGAR, which puts it inside Bareilly, the broader Bareilly district, and the state of Uttar Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Punjab National Bank Ner Workshop, Izzatnagar branch” — the verified location pin for IFSC PUNB0408500 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number 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 PUNB0408500 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PUNB0408500 for Punjab National Bank – NER WORKSHOP, IZZATNAGAR, 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 Ner Workshop, Izzatnagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0408500, however, work 24x7.
Branch address & contact
Punjab National BankNer Workshop, Izzatnagar Branch
NER WORKSHOP, IZATNAGAR
Bareilly, Uttar Pradesh
Phone: the branch contact number
IFSC: PUNB0408500
Frequently asked questions
How do I add Punjab National Bank Ner Workshop, Izzatnagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0408500, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Punjab National Bank Ner Workshop, Izzatnagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
How quickly will an NEFT transfer using PUNB0408500 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Ner Workshop, Izzatnagar reflect within 30 minutes.
What is the IFSC code of Punjab National Bank Ner Workshop, Izzatnagar branch?
The IFSC code of Punjab National Bank, Ner Workshop, Izzatnagar branch is PUNB0408500. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC PUNB0408500 the same for all accounts at Ner Workshop, Izzatnagar branch?
Yes. The IFSC PUNB0408500 is shared by every account held at Punjab National Bank's Ner Workshop, Izzatnagar branch. Only the account number changes from customer to customer.
Can I use IFSC PUNB0408500 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0408500 to send funds instantly.
Where is Punjab National Bank Ner Workshop, Izzatnagar branch located?
Punjab National Bank's Ner Workshop, Izzatnagar branch is located at NER WORKSHOP, IZATNAGAR, Bareilly, Uttar Pradesh.
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 Ner Workshop, Izzatnagar branch but serve different purposes.
Summary
The IFSC code PUNB0408500 belongs to Punjab National Bank's NER WORKSHOP, IZZATNAGAR branch, located at NER WORKSHOP, IZATNAGAR in BAREILLY, UTTAR 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.
