This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab National Bank, SHASTRI NAGAR branch in SHASTRI NAGAR. The 11-digit IFSC PUNB0184720 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 SHASTRI NAGAR 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, PUNB0184720 is the IFSC of Punjab National Bank's SHASTRI NAGAR branch. The format is fixed: PUNB = bank code, 0 = reserved, 184720 = 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 Shastri Nagar branch in Shastri Nagar, Uttar Pradesh is part of this network and uses the IFSC code PUNB0184720 for all electronic settlement.
About the Shastri Nagar branch
The Shastri Nagar branch of Punjab National Bank is situated at L 55, SHASTRI NAGAR,DIST - MEERUT. 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 PUNB0184720 is used.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Shastri Nagar |
| IFSC Code | PUNB0184720 |
| MICR Code | Refer to cheque leaf |
| Branch Address | L 55, SHASTRI NAGAR,DIST - MEERUT |
| City | Shastri Nagar |
| District | Meerut |
| State | Uttar Pradesh |
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 SHASTRI NAGAR branch came to be assigned the code PUNB0184720.
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 PUNB0184720, money simply cannot be routed to the SHASTRI NAGAR branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Shastri Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0184720 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC PUNB0184720
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 PUNB0184720 across all three.
NEFT to Punjab National Bank, SHASTRI NAGAR using IFSC PUNB0184720
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 PUNB0184720, and confirm that the system picks up Punjab National Bank – SHASTRI 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 SHASTRI NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Punjab National Bank's SHASTRI NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PUNB0184720 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Punjab National Bank – SHASTRI NAGAR, use IMPS. With IFSC PUNB0184720 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 PUNB0184720 for Punjab National Bank – SHASTRI 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.
| 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 – PUNB0184720 | Yes – PUNB0184720 | Yes – PUNB0184720 |
For most retail customers crediting the Shastri 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.
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 SHASTRI NAGAR branch, the IFSC PUNB0184720 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 Shastri Nagar branch is mapped to IFSC PUNB0184720 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 PUNB0184720.
Products and services
Customers walking into the Shastri Nagar 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 PUNB0184720
Digital banking channels
Most day-to-day work that customers used to do at the Shastri 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 PUNB0184720 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.
Reaching the branch
The Shastri Nagar branch sits at L 55, SHASTRI NAGAR,DIST - MEERUT. If you are travelling from outside Shastri Nagar, 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 PUNB0184720 and your account number.
Common mistakes to avoid when using IFSC PUNB0184720
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 – SHASTRI NAGAR, 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:
PUNB0184720. - 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.
Working hours
Branch counters at Shastri Nagar 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 PUNB0184720 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PUNB0184720 for Punjab National Bank – SHASTRI 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 address & contact
Punjab National BankShastri Nagar Branch
L 55, SHASTRI NAGAR,DIST - MEERUT
Shastri Nagar, Uttar Pradesh
Phone: the branch contact number
IFSC: PUNB0184720
Frequently asked questions
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 Shastri Nagar branch but serve different purposes.
Where is Punjab National Bank Shastri Nagar branch located?
Punjab National Bank's Shastri Nagar branch is located at L 55, SHASTRI NAGAR,DIST - MEERUT, Shastri Nagar, Uttar Pradesh.
Can I use IFSC PUNB0184720 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PUNB0184720 to send funds instantly.
Is IFSC PUNB0184720 the same for all accounts at Shastri Nagar branch?
Yes. The IFSC PUNB0184720 is shared by every account held at Punjab National Bank's Shastri Nagar branch. Only the account number changes from customer to customer.
What is the IFSC code of Punjab National Bank Shastri Nagar branch?
The IFSC code of Punjab National Bank, Shastri Nagar branch is PUNB0184720. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using PUNB0184720 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Shastri Nagar reflect within 30 minutes.
Final notes
To recap: PUNB0184720 is the IFSC code of Punjab National Bank, SHASTRI NAGAR branch, in SHASTRI NAGAR, UTTAR PRADESH. 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.
