This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab National Bank, M.P.NAGAR branch in BHOPALMP. The 11-digit IFSC PUNB0145920 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 M.P.NAGAR 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.
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, PUNB0145920 is the IFSC of Punjab National Bank's M.P.NAGAR branch. The format is fixed: PUNB = bank code, 0 = reserved, 145920 = branch identifier.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | M.P.Nagar |
| IFSC Code | PUNB0145920 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT-278,ZONE-II,M.P.NAGAR, BHOPAL |
| City | Bhopalmp |
| District | Bhopal |
| State | 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 M.P.Nagar branch in Bhopalmp, Madhya Pradesh is part of this network and uses the IFSC code PUNB0145920 for all electronic settlement.
About this branch
The branch is located at PLOT-278,ZONE-II,M.P.NAGAR, BHOPAL. It serves the Bhopalmp 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 PUNB0145920 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 M.P.NAGAR branch came to be assigned the code PUNB0145920.
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 PUNB0145920, money simply cannot be routed to the M.P.NAGAR branch electronically.
How to transfer money using IFSC PUNB0145920
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 PUNB0145920 across all three.
NEFT to Punjab National Bank, M.P.NAGAR using IFSC PUNB0145920
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 PUNB0145920, and confirm that the system picks up Punjab National Bank – M.P.NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to M.P.NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's M.P.NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0145920 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab National Bank M.P.NAGAR (IFSC PUNB0145920)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0145920 in your mobile or internet banking app, and the money is credited to the M.P.NAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PUNB0145920 for Punjab National Bank – M.P.NAGAR, 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 – PUNB0145920 | Yes – PUNB0145920 | Yes – PUNB0145920 |
For most retail customers crediting the M.P.Nagar 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.
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 M.P.NAGAR branch, the IFSC PUNB0145920 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.
Products and account variants supported
Every account opened at the M.P.Nagar branch is mapped to IFSC PUNB0145920 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 PUNB0145920.
Products and services
Customers walking into the M.P.Nagar 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 PUNB0145920
MICR & cheque-truncation details
Cheques drawn on the M.P.Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0145920 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the M.P.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 PUNB0145920 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.
Common mistakes to avoid when using IFSC PUNB0145920
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 – M.P.NAGAR, 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:
PUNB0145920. - 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.
Reaching the branch
The M.P.Nagar branch sits at PLOT-278,ZONE-II,M.P.NAGAR, BHOPAL. If you are travelling from outside Bhopalmp, 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 PUNB0145920 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PUNB0145920 for Punjab National Bank – M.P.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 M.P.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 PUNB0145920 continue to work without interruption.
Branch address & contact
Punjab National BankM.P.Nagar Branch
PLOT-278,ZONE-II,M.P.NAGAR, BHOPAL
Bhopalmp, Madhya Pradesh
Phone: the branch contact number
IFSC: PUNB0145920
Frequently asked questions
Where is Punjab National Bank M.P.Nagar branch located?
Punjab National Bank's M.P.Nagar branch is located at PLOT-278,ZONE-II,M.P.NAGAR, BHOPAL, Bhopalmp, Madhya Pradesh.
Does Punjab National Bank M.P.Nagar 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 do I add Punjab National Bank M.P.Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0145920, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Punjab National Bank M.P.Nagar branch?
The IFSC code of Punjab National Bank, M.P.Nagar branch is PUNB0145920. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC PUNB0145920 the same for all accounts at M.P.Nagar branch?
Yes. The IFSC PUNB0145920 is shared by every account held at Punjab National Bank's M.P.Nagar branch. Only the account number changes from customer to customer.
Is IFSC PUNB0145920 valid for NEFT and RTGS?
Yes. IFSC PUNB0145920 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 M.P.Nagar branch but serve different purposes.
Final notes
To recap: PUNB0145920 is the IFSC code of Punjab National Bank, M.P.NAGAR branch, in BHOPALMP, MADHYA PRADESH. 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.
