Below are the complete branch details for Punjab National Bank, INDORE-SGSITS branch, located in INDORE, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is PUNB0091110. 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 PUNB0091110 for Punjab National Bank – INDORE-SGSITS — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, PUNB0091110 is the IFSC of Punjab National Bank's INDORE-SGSITS branch. The format is fixed: PUNB = bank code, 0 = reserved, 091110 = branch identifier.
About the bank
Punjab National Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Indore-Sgsits branch in Indore, Madhya Pradesh is part of this network and uses the IFSC code PUNB0091110 for all electronic settlement.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Indore-Sgsits |
| IFSC Code | PUNB0091110 |
| MICR Code | Refer to cheque leaf |
| Branch Address | Y N ROAD 452003 |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| STD Code | 731 |
| Phone | 2541034 |
About this branch
The branch is located at Y N ROAD 452003. It serves the Indore 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 PUNB0091110 is used to identify this branch on the RBI payments network.
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 INDORE-SGSITS of Punjab National Bank — its own 11-character IFSC. The code PUNB0091110 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 PUNB0091110 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Indore-Sgsits branch is mapped to IFSC PUNB0091110 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 PUNB0091110.
Products and services
Customers walking into the Indore-Sgsits 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 PUNB0091110
How to transfer money using IFSC PUNB0091110
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 PUNB0091110 across all three.
How to use IFSC PUNB0091110 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab National Bank's INDORE-SGSITS branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC PUNB0091110.
- Confirm the bank name auto-populates as Punjab National Bank and the branch as INDORE-SGSITS.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to INDORE-SGSITS
If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's INDORE-SGSITS branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0091110 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab National Bank INDORE-SGSITS (IFSC PUNB0091110)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0091110 in your mobile or internet banking app, and the money is credited to the INDORE-SGSITS branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PUNB0091110 for Punjab National Bank – INDORE-SGSITS, 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 – PUNB0091110 | Yes – PUNB0091110 | Yes – PUNB0091110 |
For most retail customers crediting the Indore-Sgsits 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 PUNB0091110
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 – INDORE-SGSITS is still mapped to IFSC PUNB0091110. 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 PUNB0091110 and the beneficiary's account number to complete the transfer.
Online banking and IFSC PUNB0091110
Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the INDORE-SGSITS 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 PUNB0091110 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 PUNB0091110 and the account number together uniquely identify the Indore-Sgsits 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 – INDORE-SGSITS:
- The IFSC is exactly PUNB0091110 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 INDORE-SGSITS 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 Indore-Sgsits branch sits at Y N ROAD 452003. If you are travelling from outside Indore, search for the branch on a maps application using the bank name and locality, or call 731-2541034 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 PUNB0091110 and your account number.
Verifying IFSC PUNB0091110 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 PUNB0091110 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 731-2541034.
- 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 Indore-Sgsits branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0091110, however, work 24x7.
Branch address & contact
Punjab National BankIndore-Sgsits Branch
Y N ROAD 452003
Indore, Madhya Pradesh
Phone: 731-2541034
IFSC: PUNB0091110
Frequently asked questions
Does Punjab National Bank Indore-Sgsits branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 731-2541034 to confirm.
How do I add Punjab National Bank Indore-Sgsits as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0091110, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Punjab National Bank Indore-Sgsits branch?
You can reach the branch at 731-2541034 during regular banking hours.
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 Indore-Sgsits branch but serve different purposes.
Where is Punjab National Bank Indore-Sgsits branch located?
Punjab National Bank's Indore-Sgsits branch is located at Y N ROAD 452003, Indore, Madhya Pradesh.
Is IFSC PUNB0091110 the same for all accounts at Indore-Sgsits branch?
Yes. The IFSC PUNB0091110 is shared by every account held at Punjab National Bank's Indore-Sgsits branch. Only the account number changes from customer to customer.
Is IFSC PUNB0091110 valid for NEFT and RTGS?
Yes. IFSC PUNB0091110 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code PUNB0091110 belongs to Punjab National Bank's INDORE-SGSITS branch, located at Y N ROAD 452003 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.
