IFSC Code of Punjab National Bank, Annapurna Road, Indore Branch, Madhya Pradesh

Below are the complete branch details for Punjab National Bank, ANNAPURNA ROAD, INDORE branch, located in INDORE, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is PUNB0971700. 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 PUNB0971700 for Punjab National Bank – ANNAPURNA ROAD, INDORE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 – ANNAPURNA ROAD, INDORE is PUNB0971700. The first four letters PUNB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 971700 map to this branch in INDORE, MADHYA PRADESH.

Bank profile

Punjab National Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Annapurna Road, Indore branch — IFSC PUNB0971700 — extends the bank's services to customers in and around Indore, Madhya Pradesh.

Annapurna Road, Indore branch overview

Located at 4, SARASWATI NAGAR , ANNAPURNA MAIN ROAD DISTT INDORE MP 452001, the Annapurna Road, Indore branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PUNB0971700 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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 ANNAPURNA ROAD, INDORE branch came to be assigned the code PUNB0971700.

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 PUNB0971700, money simply cannot be routed to the ANNAPURNA ROAD, INDORE branch electronically.

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 PUNB0971700 and the account number together uniquely identify the Annapurna Road, Indore branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC PUNB0971700

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 PUNB0971700 across all three.

NEFT to Punjab National Bank, ANNAPURNA ROAD, INDORE using IFSC PUNB0971700

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 PUNB0971700, and confirm that the system picks up Punjab National Bank – ANNAPURNA ROAD, INDORE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to ANNAPURNA ROAD, INDORE

If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's ANNAPURNA ROAD, INDORE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0971700 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab National Bank ANNAPURNA ROAD, INDORE (IFSC PUNB0971700)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0971700 in your mobile or internet banking app, and the money is credited to the ANNAPURNA ROAD, INDORE branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Annapurna Road, Indore

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC PUNB0971700:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at ANNAPURNA ROAD, INDORE is still linked to IFSC PUNB0971700.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC PUNB0971700

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 – ANNAPURNA ROAD, INDORE is still mapped to IFSC PUNB0971700. 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 PUNB0971700 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Annapurna Road, Indore branch is mapped to IFSC PUNB0971700 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 PUNB0971700.

Banking services available

The Annapurna Road, Indore branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8989996718.

• 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 PUNB0971700

Digital banking channels

Most day-to-day work that customers used to do at the Annapurna Road, Indore 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 PUNB0971700 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.

Reaching the branch

The Annapurna Road, Indore branch sits at 4, SARASWATI NAGAR , ANNAPURNA MAIN ROAD DISTT INDORE MP 452001. If you are travelling from outside Indore, search for the branch on a maps application using the bank name and locality, or call 8989996718 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 PUNB0971700 and your account number.

Common mistakes to avoid when using IFSC PUNB0971700

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 – ANNAPURNA ROAD, INDORE, 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: PUNB0971700.
• 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.

Working hours

Branch counters at Annapurna Road, Indore 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 PUNB0971700 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PUNB0971700 for Punjab National Bank – ANNAPURNA ROAD, INDORE, 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 address & contact

Frequently asked questions

Summary

The IFSC code PUNB0971700 belongs to Punjab National Bank's ANNAPURNA ROAD, INDORE branch, located at 4, SARASWATI NAGAR , ANNAPURNA MAIN ROAD DISTT INDORE MP 452001 in INDORE, 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.