This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab National Bank, KULAD branch in DHENKANAL. The 11-digit IFSC PUNB0089420 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 KULAD 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 – KULAD is PUNB0089420. The first four letters PUNB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 089420 map to this branch in DHENKANAL, ODISHA.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Kulad |
| IFSC Code | PUNB0089420 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NALCO NAGAR.KULAD,DHENKANAL |
| City | Dhenkanal |
| District | Angul |
| State | Odisha |
About Punjab National Bank
Punjab National Bank operates a wide network of branches across India, including the Kulad branch in Dhenkanal. 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, PUNB0089420.
Kulad branch overview
Located at NALCO NAGAR.KULAD,DHENKANAL, the Kulad branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PUNB0089420 is required for all interbank electronic transfers routed through this branch.
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 KULAD of Punjab National Bank — its own 11-character IFSC. The code PUNB0089420 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 PUNB0089420 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC PUNB0089420
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 PUNB0089420 across all three.
NEFT to Punjab National Bank, KULAD using IFSC PUNB0089420
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 PUNB0089420, and confirm that the system picks up Punjab National Bank – KULAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to KULAD
If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's KULAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0089420 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Punjab National Bank – KULAD, use IMPS. With IFSC PUNB0089420 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 PUNB0089420 for Punjab National Bank – KULAD, 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 – PUNB0089420 | Yes – PUNB0089420 | Yes – PUNB0089420 |
For most retail customers crediting the Kulad 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 PUNB0089420
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 – KULAD is still mapped to IFSC PUNB0089420. 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 PUNB0089420 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Kulad branch is mapped to IFSC PUNB0089420 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 PUNB0089420.
Products and services
Customers walking into the Kulad 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 PUNB0089420
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 PUNB0089420 and the account number together uniquely identify the Kulad branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC PUNB0089420
Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the KULAD 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 PUNB0089420 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 PUNB0089420
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 – KULAD, 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:
PUNB0089420. - 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 Kulad branch
The branch is located at NALCO NAGAR.KULAD,DHENKANAL, which puts it inside Dhenkanal, the broader Angul district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “Punjab National Bank Kulad branch” — the verified location pin for IFSC PUNB0089420 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 PUNB0089420 and your account number.
Verifying IFSC PUNB0089420 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 PUNB0089420 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- 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 Kulad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0089420, however, work 24x7.
Branch address & contact
Punjab National BankKulad Branch
NALCO NAGAR.KULAD,DHENKANAL
Dhenkanal, Odisha
Phone: the branch contact number
IFSC: PUNB0089420
Frequently asked questions
Is IFSC PUNB0089420 the same for all accounts at Kulad branch?
Yes. The IFSC PUNB0089420 is shared by every account held at Punjab National Bank's Kulad branch. Only the account number changes from customer to customer.
Is IFSC PUNB0089420 valid for NEFT and RTGS?
Yes. IFSC PUNB0089420 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Punjab National Bank Kulad branch?
The IFSC code of Punjab National Bank, Kulad branch is PUNB0089420. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Punjab National Bank Kulad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0089420, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using PUNB0089420 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Kulad reflect within 30 minutes.
Can I use IFSC PUNB0089420 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0089420 to send funds instantly.
Final notes
To recap: PUNB0089420 is the IFSC code of Punjab National Bank, KULAD branch, in DHENKANAL, ODISHA. 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.
