IFSC Code of Punjab National Bank, Chandigarh Sco Six Sector Forty One D Branch, Chandigarh

Below are the complete branch details for Punjab National Bank, CHANDIGARH SCO SIX SECTOR FORTY ONE D branch, located in CHANDIGARH, CHANDIGARH. The IFSC assigned by the Reserve Bank of India to this branch is PUNB0506410. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case PUNB0506410 for Punjab National Bank – CHANDIGARH SCO SIX SECTOR FORTY ONE D — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 CHANDIGARH SCO SIX SECTOR FORTY ONE D branch, the IFSC PUNB0506410 breaks down as follows: PUNB identifies the bank, 0 is the reserved character, and 506410 identifies this particular branch.

Bank profile

Punjab National Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Chandigarh Sco Six Sector Forty One D branch — IFSC PUNB0506410 — extends the bank's services to customers in and around Chandigarh, Chandigarh.

Branch details at a glance

About the Chandigarh Sco Six Sector Forty One D branch

The Chandigarh Sco Six Sector Forty One D branch of Punjab National Bank is situated at SCO 6 SECTOR 41 D 160019. 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 PUNB0506410 is used.

Why every Punjab National Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including CHANDIGARH SCO SIX SECTOR FORTY ONE D of Punjab National Bank — its own 11-character IFSC. The code PUNB0506410 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC PUNB0506410 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Chandigarh Sco Six Sector Forty One D branch

Once you have an account at Punjab National Bank – CHANDIGARH SCO SIX SECTOR FORTY ONE D, the IFSC PUNB0506410 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.

Banking services available

The Chandigarh Sco Six Sector Forty One D branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 172-2628593.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC PUNB0506410

How to transfer money using IFSC PUNB0506410

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 PUNB0506410 across all three.

NEFT to Punjab National Bank, CHANDIGARH SCO SIX SECTOR FORTY ONE D using IFSC PUNB0506410

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 PUNB0506410, and confirm that the system picks up Punjab National Bank – CHANDIGARH SCO SIX SECTOR FORTY ONE D. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to CHANDIGARH SCO SIX SECTOR FORTY ONE D

If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's CHANDIGARH SCO SIX SECTOR FORTY ONE D branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0506410 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab National Bank CHANDIGARH SCO SIX SECTOR FORTY ONE D (IFSC PUNB0506410)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0506410 in your mobile or internet banking app, and the money is credited to the CHANDIGARH SCO SIX SECTOR FORTY ONE D branch account within seconds.

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

All three modes accept the IFSC PUNB0506410 for Punjab National Bank – CHANDIGARH SCO SIX SECTOR FORTY ONE D, 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 Chandigarh Sco Six Sector Forty One D 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 PUNB0506410

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 – CHANDIGARH SCO SIX SECTOR FORTY ONE D is still mapped to IFSC PUNB0506410. 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 PUNB0506410 and the beneficiary's account number to complete the transfer.

Online banking and IFSC PUNB0506410

Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the CHANDIGARH SCO SIX SECTOR FORTY ONE D 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 PUNB0506410 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 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 PUNB0506410 and the account number together uniquely identify the Chandigarh Sco Six Sector Forty One D branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – CHANDIGARH SCO SIX SECTOR FORTY ONE D:

• The IFSC is exactly PUNB0506410 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 CHANDIGARH SCO SIX SECTOR FORTY ONE D 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 Chandigarh Sco Six Sector Forty One D branch sits at SCO 6 SECTOR 41 D 160019. If you are travelling from outside Chandigarh, search for the branch on a maps application using the bank name and locality, or call 172-2628593 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 PUNB0506410 and your account number.

Verifying IFSC PUNB0506410 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm PUNB0506410 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 172-2628593.
• Visiting the bank's official branch locator page.

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 Chandigarh Sco Six Sector Forty One D branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0506410, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PUNB0506410 belongs to Punjab National Bank's CHANDIGARH SCO SIX SECTOR FORTY ONE D branch, located at SCO 6 SECTOR 41 D 160019 in CHANDIGARH, CHANDIGARH. 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.