If you are searching for the IFSC code of Punjab National Bank, VERAVAL branch in VERAVAL, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is PUNB0047520. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the VERAVAL branch, and detailed step-by-step guides for using the IFSC PUNB0047520 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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, PUNB0047520 is the IFSC of Punjab National Bank's VERAVAL branch. The format is fixed: PUNB = bank code, 0 = reserved, 047520 = branch identifier.
Branch details at a glance
| Bank Name | Punjab National Bank |
|---|---|
| Branch | Veraval |
| IFSC Code | PUNB0047520 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 80 FEET ROAD,VERABAL,GUJARAT |
| City | Veraval |
| District | Junagadh |
| State | Gujarat |
Bank profile
Punjab National Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Veraval branch — IFSC PUNB0047520 — extends the bank's services to customers in and around Veraval, Gujarat.
About the Veraval branch
The Veraval branch of Punjab National Bank is situated at 80 FEET ROAD,VERABAL,GUJARAT. 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 PUNB0047520 is used.
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 VERAVAL branch came to be assigned the code PUNB0047520.
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 PUNB0047520, money simply cannot be routed to the VERAVAL branch electronically.
How to transfer money using IFSC PUNB0047520
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 PUNB0047520 across all three.
NEFT to Punjab National Bank, VERAVAL using IFSC PUNB0047520
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 PUNB0047520, and confirm that the system picks up Punjab National Bank – VERAVAL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PUNB0047520
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 – VERAVAL, ensure your bank's portal accepts IFSC PUNB0047520 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab National Bank VERAVAL (IFSC PUNB0047520)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PUNB0047520 in your mobile or internet banking app, and the money is credited to the VERAVAL branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Veraval
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC PUNB0047520:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at VERAVAL is still linked to IFSC PUNB0047520.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
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 VERAVAL branch, the IFSC PUNB0047520 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 Veraval branch is mapped to IFSC PUNB0047520 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 PUNB0047520.
Products and services
Customers walking into the Veraval 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 PUNB0047520
MICR & cheque-truncation details
Cheques drawn on the Veraval branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PUNB0047520 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC PUNB0047520
Punjab National Bank customers can register for net banking and the bank's official mobile app once their account at the VERAVAL 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 PUNB0047520 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.
Common mistakes to avoid when using IFSC PUNB0047520
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 – VERAVAL, 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:
PUNB0047520. - 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.
How to reach the Veraval branch
The branch is located at 80 FEET ROAD,VERABAL,GUJARAT, which puts it inside Veraval, the broader Junagadh district, and the state of Gujarat. To plan your visit:
- Open Google Maps on your phone and search for “Punjab National Bank Veraval branch” — the verified location pin for IFSC PUNB0047520 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number 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 PUNB0047520 and your account number.
Verifying IFSC PUNB0047520 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 PUNB0047520 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Veraval 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 PUNB0047520 continue to work without interruption.
Branch address & contact
Punjab National BankVeraval Branch
80 FEET ROAD,VERABAL,GUJARAT
Veraval, Gujarat
Phone: the branch contact number
IFSC: PUNB0047520
Frequently asked questions
What is the IFSC code of Punjab National Bank Veraval branch?
The IFSC code of Punjab National Bank, Veraval branch is PUNB0047520. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using PUNB0047520 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab National Bank – Veraval reflect within 30 minutes.
Is IFSC PUNB0047520 valid for NEFT and RTGS?
Yes. IFSC PUNB0047520 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC PUNB0047520 the same for all accounts at Veraval branch?
Yes. The IFSC PUNB0047520 is shared by every account held at Punjab National Bank's Veraval branch. Only the account number changes from customer to customer.
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 Veraval branch but serve different purposes.
How do I add Punjab National Bank Veraval as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PUNB0047520, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Punjab National Bank Veraval branch located?
Punjab National Bank's Veraval branch is located at 80 FEET ROAD,VERABAL,GUJARAT, Veraval, Gujarat.
What is the phone number of Punjab National Bank Veraval branch?
You can reach the branch at the branch contact number during regular banking hours.
Summary
The IFSC code PUNB0047520 belongs to Punjab National Bank's VERAVAL branch, located at 80 FEET ROAD,VERABAL,GUJARAT in VERAVAL, GUJARAT. 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.
