IFSC Code of Punjab National Bank, Kolar Road - Bhopal Branch, Madhya Pradesh

If you are searching for the IFSC code of Punjab National Bank, KOLAR ROAD - BHOPAL branch in BHOPAL, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is PUNB0163610. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the KOLAR ROAD - BHOPAL branch, and detailed step-by-step guides for using the IFSC PUNB0163610 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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, PUNB0163610 is the IFSC of Punjab National Bank's KOLAR ROAD - BHOPAL branch. The format is fixed: PUNB = bank code, 0 = reserved, 163610 = branch identifier.

Branch details at a glance

Bank profile

Punjab National Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Kolar Road - Bhopal branch — IFSC PUNB0163610 — extends the bank's services to customers in and around Bhopal, Madhya Pradesh.

About the Kolar Road - Bhopal branch

The Kolar Road - Bhopal branch of Punjab National Bank is situated at KOLAR ROAD ,DHANLAXMI BESIDES MANDAKINI SOCI 462042. 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 PUNB0163610 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 KOLAR ROAD - BHOPAL branch came to be assigned the code PUNB0163610.

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 PUNB0163610, money simply cannot be routed to the KOLAR ROAD - BHOPAL branch electronically.

How to transfer money using IFSC PUNB0163610

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 PUNB0163610 across all three.

NEFT to Punjab National Bank, KOLAR ROAD - BHOPAL using IFSC PUNB0163610

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 PUNB0163610, and confirm that the system picks up Punjab National Bank – KOLAR ROAD - BHOPAL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to KOLAR ROAD - BHOPAL

If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's KOLAR ROAD - BHOPAL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0163610 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab National Bank KOLAR ROAD - BHOPAL (IFSC PUNB0163610)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0163610 in your mobile or internet banking app, and the money is credited to the KOLAR ROAD - BHOPAL branch account within seconds.

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

All three modes accept the IFSC PUNB0163610 for Punjab National Bank – KOLAR ROAD - BHOPAL, 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 Kolar Road - Bhopal 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 PUNB0163610

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 – KOLAR ROAD - BHOPAL is still mapped to IFSC PUNB0163610. 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 PUNB0163610 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Kolar Road - Bhopal branch is mapped to IFSC PUNB0163610 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 PUNB0163610.

Products and services

Customers walking into the Kolar Road - Bhopal 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 PUNB0163610

MICR & cheque-truncation details

Cheques drawn on the Kolar Road - Bhopal branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0163610 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC PUNB0163610

Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the KOLAR ROAD - BHOPAL 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 PUNB0163610 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.

Common mistakes to avoid when using IFSC PUNB0163610

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Punjab National Bank – KOLAR ROAD - BHOPAL, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: PUNB0163610.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Kolar Road - Bhopal branch

The branch is located at KOLAR ROAD ,DHANLAXMI BESIDES MANDAKINI SOCI 462042, which puts it inside Bhopal, the broader Bhopal district, and the state of Madhya Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “Punjab National Bank Kolar Road - Bhopal branch” — the verified location pin for IFSC PUNB0163610 should appear at the top of the results.
2. Confirm the branch is open by calling 755-2492259 before stepping out, especially around public holidays.
3. 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 PUNB0163610 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PUNB0163610 for Punjab National Bank – KOLAR ROAD - BHOPAL, 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 Kolar Road - Bhopal branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0163610, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PUNB0163610 belongs to Punjab National Bank's KOLAR ROAD - BHOPAL branch, located at KOLAR ROAD ,DHANLAXMI BESIDES MANDAKINI SOCI 462042 in BHOPAL, 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.