IFSC Code of Punjab National Bank, Rasalpur Distt-Balasore Branch, Odisha

Use this page as a one-stop reference for everything related to Punjab National Bank's RASALPUR DISTT-BALASORE branch in RASALPUR DISTT. BALASORE, ODISHA. The branch's IFSC code PUNB0201210 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 – RASALPUR DISTT-BALASORE is PUNB0201210. The first four letters PUNB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 201210 map to this branch in RASALPUR DISTT. BALASORE, ODISHA.

Branch details at a glance

Bank profile

Punjab National Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Rasalpur Distt-Balasore branch — IFSC PUNB0201210 — extends the bank's services to customers in and around Rasalpur Distt. Balasore, Odisha.

About the Rasalpur Distt-Balasore branch

The Rasalpur Distt-Balasore branch of Punjab National Bank is situated at B/O RASALPUR PO RASALPUR 756021. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code PUNB0201210 is used.

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 RASALPUR DISTT-BALASORE of Punjab National Bank — its own 11-character IFSC. The code PUNB0201210 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 PUNB0201210 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC PUNB0201210

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 PUNB0201210 across all three.

How to use IFSC PUNB0201210 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab National Bank's RASALPUR DISTT-BALASORE 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC PUNB0201210.
4. Confirm the bank name auto-populates as Punjab National Bank and the branch as RASALPUR DISTT-BALASORE.
5. 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 RASALPUR DISTT-BALASORE

If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's RASALPUR DISTT-BALASORE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0201210 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab National Bank RASALPUR DISTT-BALASORE (IFSC PUNB0201210)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0201210 in your mobile or internet banking app, and the money is credited to the RASALPUR DISTT-BALASORE branch account within seconds.

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

All three modes accept the IFSC PUNB0201210 for Punjab National Bank – RASALPUR DISTT-BALASORE, 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 Rasalpur Distt-Balasore 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 PUNB0201210

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 – RASALPUR DISTT-BALASORE is still mapped to IFSC PUNB0201210. 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 PUNB0201210 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Rasalpur Distt-Balasore branch is mapped to IFSC PUNB0201210 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 PUNB0201210.

Banking services available

The Rasalpur Distt-Balasore branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 6782-238222.

• 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 PUNB0201210

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 PUNB0201210 and the account number together uniquely identify the Rasalpur Distt-Balasore 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 Rasalpur Distt-Balasore 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 PUNB0201210 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 – RASALPUR DISTT-BALASORE:

• The IFSC is exactly PUNB0201210 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 RASALPUR DISTT-BALASORE 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 Rasalpur Distt-Balasore branch sits at B/O RASALPUR PO RASALPUR 756021. If you are travelling from outside Rasalpur Distt. Balasore, search for the branch on a maps application using the bank name and locality, or call 6782-238222 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 PUNB0201210 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PUNB0201210 for Punjab National Bank – RASALPUR DISTT-BALASORE, 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 Rasalpur Distt-Balasore 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 PUNB0201210 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PUNB0201210 belongs to Punjab National Bank's RASALPUR DISTT-BALASORE branch, located at B/O RASALPUR PO RASALPUR 756021 in RASALPUR DISTT. BALASORE, ODISHA. 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.