IFSC Code of Punjab National Bank, Phagwara- Guru Hargobind Nagar Branch, Punjab

Below are the complete branch details for Punjab National Bank, PHAGWARA- GURU HARGOBIND NAGAR branch, located in PHAGWARA, PUNJAB. The IFSC assigned by the Reserve Bank of India to this branch is PUNB0072010. 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 PUNB0072010 for Punjab National Bank – PHAGWARA- GURU HARGOBIND NAGAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Punjab National Bank's PHAGWARA- GURU HARGOBIND NAGAR branch, the IFSC PUNB0072010 breaks down as follows: PUNB identifies the bank, 0 is the reserved character, and 072010 identifies this particular branch.

About the bank

Punjab National Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Phagwara- Guru Hargobind Nagar branch in Phagwara, Punjab is part of this network and uses the IFSC code PUNB0072010 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at GURU HARGOBIND NAGAR 144401. It serves the Phagwara 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 PUNB0072010 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 PHAGWARA- GURU HARGOBIND NAGAR of Punjab National Bank — its own 11-character IFSC. The code PUNB0072010 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 PUNB0072010 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Phagwara- Guru Hargobind Nagar branch

Once you have an account at Punjab National Bank – PHAGWARA- GURU HARGOBIND NAGAR, the IFSC PUNB0072010 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Phagwara- Guru Hargobind Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1824-261987.

• 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 PUNB0072010

How to transfer money using IFSC PUNB0072010

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 PUNB0072010 across all three.

NEFT to Punjab National Bank, PHAGWARA- GURU HARGOBIND NAGAR using IFSC PUNB0072010

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 PUNB0072010, and confirm that the system picks up Punjab National Bank – PHAGWARA- GURU HARGOBIND NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PHAGWARA- GURU HARGOBIND NAGAR

If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's PHAGWARA- GURU HARGOBIND NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0072010 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab National Bank PHAGWARA- GURU HARGOBIND NAGAR (IFSC PUNB0072010)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0072010 in your mobile or internet banking app, and the money is credited to the PHAGWARA- GURU HARGOBIND NAGAR branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC PUNB0072010 for Punjab National Bank – PHAGWARA- GURU HARGOBIND NAGAR, 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.

For most retail customers crediting the Phagwara- Guru Hargobind Nagar 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 PUNB0072010

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 – PHAGWARA- GURU HARGOBIND NAGAR is still mapped to IFSC PUNB0072010. 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 PUNB0072010 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Phagwara- Guru Hargobind Nagar 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 PUNB0072010 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.

MICR & cheque-truncation details

Cheques drawn on the Phagwara- Guru Hargobind Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0072010 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – PHAGWARA- GURU HARGOBIND NAGAR:

• The IFSC is exactly PUNB0072010 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 PHAGWARA- GURU HARGOBIND NAGAR 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.

How to reach the Phagwara- Guru Hargobind Nagar branch

The branch is located at GURU HARGOBIND NAGAR 144401, which puts it inside Phagwara, the broader Kapurthala district, and the state of Punjab. To plan your visit:

1. Open Google Maps on your phone and search for “Punjab National Bank Phagwara- Guru Hargobind Nagar branch” — the verified location pin for IFSC PUNB0072010 should appear at the top of the results.
2. Confirm the branch is open by calling 1824-261987 before stepping out, especially around public holidays.
3. 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 PUNB0072010 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PUNB0072010 for Punjab National Bank – PHAGWARA- GURU HARGOBIND NAGAR, 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 Phagwara- Guru Hargobind Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0072010, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PUNB0072010 belongs to Punjab National Bank's PHAGWARA- GURU HARGOBIND NAGAR branch, located at GURU HARGOBIND NAGAR 144401 in PHAGWARA, PUNJAB. 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.