Use this page as a one-stop reference for everything related to Punjab National Bank's CHAKAN branch in PUNE, MAHARASHTRA. The branch's IFSC code PUNB0120910 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 – CHAKAN is PUNB0120910. The first four letters PUNB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 120910 map to this branch in PUNE, MAHARASHTRA.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Chakan |
| IFSC Code | PUNB0120910 |
| MICR Code | Refer to cheque leaf |
| Branch Address | V & PO CHAKAN 410501 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 2135 |
| Phone | 249603 |
Bank profile
Punjab National Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Chakan branch — IFSC PUNB0120910 — extends the bank's services to customers in and around Pune, Maharashtra.
Chakan branch overview
Located at V & PO CHAKAN 410501, the Chakan branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PUNB0120910 is required for all interbank electronic transfers routed through this branch.
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 CHAKAN branch came to be assigned the code PUNB0120910.
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 PUNB0120910, money simply cannot be routed to the CHAKAN branch electronically.
How to transfer money using IFSC PUNB0120910
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 PUNB0120910 across all three.
NEFT to Punjab National Bank, CHAKAN using IFSC PUNB0120910
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 PUNB0120910, and confirm that the system picks up Punjab National Bank – CHAKAN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PUNB0120910
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 – CHAKAN, ensure your bank's portal accepts IFSC PUNB0120910 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Punjab National Bank – CHAKAN, use IMPS. With IFSC PUNB0120910 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PUNB0120910 for Punjab National Bank – CHAKAN, 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 – PUNB0120910 | Yes – PUNB0120910 | Yes – PUNB0120910 |
For most retail customers crediting the Chakan 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 PUNB0120910
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 – CHAKAN is still mapped to IFSC PUNB0120910. 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 PUNB0120910 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Chakan branch is mapped to IFSC PUNB0120910 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 PUNB0120910.
Banking services available
The Chakan branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2135-249603.
- 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 PUNB0120910
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 PUNB0120910 and the account number together uniquely identify the Chakan branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Chakan 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 PUNB0120910 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.
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 – CHAKAN:
- The IFSC is exactly PUNB0120910 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 CHAKAN 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 Chakan branch
The branch is located at V & PO CHAKAN 410501, which puts it inside Pune, the broader Pune district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Punjab National Bank Chakan branch” — the verified location pin for IFSC PUNB0120910 should appear at the top of the results.
- Confirm the branch is open by calling 2135-249603 before stepping out, especially around public holidays.
- 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 PUNB0120910 and your account number.
Verifying IFSC PUNB0120910 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 PUNB0120910 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2135-249603.
- 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 Chakan branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PUNB0120910, however, work 24x7.
Branch address & contact
Punjab National BankChakan Branch
V & PO CHAKAN 410501
Pune, Maharashtra
Phone: 2135-249603
IFSC: PUNB0120910
Frequently asked questions
What is the phone number of Punjab National Bank Chakan branch?
You can reach the branch at 2135-249603 during regular banking hours.
Where is Punjab National Bank Chakan branch located?
Punjab National Bank's Chakan branch is located at V & PO CHAKAN 410501, Pune, Maharashtra.
How do I add Punjab National Bank Chakan as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0120910, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC PUNB0120910 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0120910 to send funds instantly.
How quickly will an NEFT transfer using PUNB0120910 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Chakan reflect within 30 minutes.
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 Chakan branch but serve different purposes.
Is IFSC PUNB0120910 valid for NEFT and RTGS?
Yes. IFSC PUNB0120910 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code PUNB0120910 belongs to Punjab National Bank's CHAKAN branch, located at V & PO CHAKAN 410501 in PUNE, MAHARASHTRA. 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.
