This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab National Bank, LUMDING DRM OFFICE branch in LUMDING. The 11-digit IFSC PUNB0160620 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 LUMDING DRM OFFICE 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.
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, PUNB0160620 is the IFSC of Punjab National Bank's LUMDING DRM OFFICE branch. The format is fixed: PUNB = bank code, 0 = reserved, 160620 = 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 Lumding Drm Office branch in Lumding, Assam is part of this network and uses the IFSC code PUNB0160620 for all electronic settlement.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Lumding Drm Office |
| IFSC Code | PUNB0160620 |
| MICR Code | Refer to cheque leaf |
| Branch Address | LUMDING,ASSAM |
| City | Lumding |
| District | Nagaon |
| State | Assam |
About this branch
The branch is located at LUMDING,ASSAM. It serves the Lumding 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 PUNB0160620 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 LUMDING DRM OFFICE branch came to be assigned the code PUNB0160620.
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 PUNB0160620, money simply cannot be routed to the LUMDING DRM OFFICE branch electronically.
Products and account variants supported
Every account opened at the Lumding Drm Office branch is mapped to IFSC PUNB0160620 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 PUNB0160620.
Products and services
Customers walking into the Lumding Drm Office 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 PUNB0160620
How to transfer money using IFSC PUNB0160620
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 PUNB0160620 across all three.
How to use IFSC PUNB0160620 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab National Bank's LUMDING DRM OFFICE 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 PUNB0160620.
- Confirm the bank name auto-populates as Punjab National Bank and the branch as LUMDING DRM OFFICE.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC PUNB0160620
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Punjab National Bank – LUMDING DRM OFFICE, ensure your bank's portal accepts IFSC PUNB0160620 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab National Bank LUMDING DRM OFFICE (IFSC PUNB0160620)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0160620 in your mobile or internet banking app, and the money is credited to the LUMDING DRM OFFICE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PUNB0160620 for Punjab National Bank – LUMDING DRM OFFICE, 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 – PUNB0160620 | Yes – PUNB0160620 | Yes – PUNB0160620 |
For most retail customers crediting the Lumding Drm Office 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 PUNB0160620
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 – LUMDING DRM OFFICE is still mapped to IFSC PUNB0160620. 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 PUNB0160620 and the beneficiary's account number to complete the transfer.
Online banking and IFSC PUNB0160620
Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the LUMDING DRM OFFICE 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 PUNB0160620 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 PUNB0160620 and the account number together uniquely identify the Lumding Drm Office branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC PUNB0160620
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 – LUMDING DRM OFFICE, 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:
PUNB0160620. - 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.
Reaching the branch
The Lumding Drm Office branch sits at LUMDING,ASSAM. If you are travelling from outside Lumding, 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 PUNB0160620 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PUNB0160620 for Punjab National Bank – LUMDING DRM OFFICE, 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 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 Lumding Drm Office branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0160620, however, work 24x7.
Branch address & contact
Punjab National BankLumding Drm Office Branch
LUMDING,ASSAM
Lumding, Assam
Phone: the branch contact number
IFSC: PUNB0160620
Frequently asked questions
What is the IFSC code of Punjab National Bank Lumding Drm Office branch?
The IFSC code of Punjab National Bank, Lumding Drm Office branch is PUNB0160620. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC PUNB0160620 valid for NEFT and RTGS?
Yes. IFSC PUNB0160620 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC PUNB0160620 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0160620 to send funds instantly.
Where is Punjab National Bank Lumding Drm Office branch located?
Punjab National Bank's Lumding Drm Office branch is located at LUMDING,ASSAM, Lumding, Assam.
How do I add Punjab National Bank Lumding Drm Office as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0160620, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Lumding Drm Office branch but serve different purposes.
How quickly will an NEFT transfer using PUNB0160620 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Lumding Drm Office reflect within 30 minutes.
What is the phone number of Punjab National Bank Lumding Drm Office branch?
You can reach the branch at the branch contact number during regular banking hours.
Final notes
To recap: PUNB0160620 is the IFSC code of Punjab National Bank, LUMDING DRM OFFICE branch, in LUMDING, ASSAM. 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.
