Below are the complete branch details for Punjab National Bank, OLD BALLYGUNJE branch, located in KOLKATA, WEST BENGAL. The IFSC assigned by the Reserve Bank of India to this branch is PUNB0031620. 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 PUNB0031620 for Punjab National Bank – OLD BALLYGUNJE — 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, PUNB0031620 is the IFSC of Punjab National Bank's OLD BALLYGUNJE branch. The format is fixed: PUNB = bank code, 0 = reserved, 031620 = branch identifier.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Old Ballygunje |
| IFSC Code | PUNB0031620 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 9A,GARIAHAT ROAD, |
| City | Kolkata |
| District | Kolkata |
| State | West Bengal |
About the bank
Punjab National Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Old Ballygunje branch in Kolkata, West Bengal is part of this network and uses the IFSC code PUNB0031620 for all electronic settlement.
About this branch
The branch is located at 9A,GARIAHAT ROAD,. It serves the Kolkata 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 PUNB0031620 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 OLD BALLYGUNJE branch came to be assigned the code PUNB0031620.
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 PUNB0031620, money simply cannot be routed to the OLD BALLYGUNJE branch electronically.
How to transfer money using IFSC PUNB0031620
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 PUNB0031620 across all three.
NEFT to Punjab National Bank, OLD BALLYGUNJE using IFSC PUNB0031620
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 PUNB0031620, and confirm that the system picks up Punjab National Bank – OLD BALLYGUNJE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to OLD BALLYGUNJE
If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's OLD BALLYGUNJE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0031620 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab National Bank OLD BALLYGUNJE (IFSC PUNB0031620)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0031620 in your mobile or internet banking app, and the money is credited to the OLD BALLYGUNJE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PUNB0031620 for Punjab National Bank – OLD BALLYGUNJE, 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 – PUNB0031620 | Yes – PUNB0031620 | Yes – PUNB0031620 |
For most retail customers crediting the Old Ballygunje 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 OLD BALLYGUNJE branch, the IFSC PUNB0031620 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 Old Ballygunje branch is mapped to IFSC PUNB0031620 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 PUNB0031620.
Products and services
Customers walking into the Old Ballygunje 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 PUNB0031620
MICR & cheque-truncation details
Cheques drawn on the Old Ballygunje branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0031620 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC PUNB0031620
Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the OLD BALLYGUNJE 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 PUNB0031620 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.
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 – OLD BALLYGUNJE:
- The IFSC is exactly PUNB0031620 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 OLD BALLYGUNJE 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 Old Ballygunje branch sits at 9A,GARIAHAT ROAD,. If you are travelling from outside Kolkata, 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 PUNB0031620 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PUNB0031620 for Punjab National Bank – OLD BALLYGUNJE, 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 Old Ballygunje 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 PUNB0031620 continue to work without interruption.
Branch address & contact
Punjab National BankOld Ballygunje Branch
9A,GARIAHAT ROAD,
Kolkata, West Bengal
Phone: the branch contact number
IFSC: PUNB0031620
Frequently asked questions
How quickly will an NEFT transfer using PUNB0031620 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Old Ballygunje reflect within 30 minutes.
What is the IFSC code of Punjab National Bank Old Ballygunje branch?
The IFSC code of Punjab National Bank, Old Ballygunje branch is PUNB0031620. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC PUNB0031620 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0031620 to send funds instantly.
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 Old Ballygunje branch but serve different purposes.
How do I add Punjab National Bank Old Ballygunje as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0031620, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC PUNB0031620 the same for all accounts at Old Ballygunje branch?
Yes. The IFSC PUNB0031620 is shared by every account held at Punjab National Bank's Old Ballygunje branch. Only the account number changes from customer to customer.
Summary
The IFSC code PUNB0031620 belongs to Punjab National Bank's OLD BALLYGUNJE branch, located at 9A,GARIAHAT ROAD, in KOLKATA, WEST BENGAL. 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.
