Punjab National Bank — HO NEW INITITATIVE DIVISION Branch

NEW DELHI, DELHI

IFSC Code PUNB0584200
MICR Code N/A

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Punjab National Bank
Branch Name HO NEW INITITATIVE DIVISION
IFSC Code PUNB0584200
MICR Code N/A
SWIFT Code N/A
Address PNB, NEW INITITATIVE DIVISION, HO(FIRST FLOOR
City NEW DELHI
District NEW DELHI
State DELHI
Contact Number Not Available

How to Use PUNB0584200 for Money Transfers

The IFSC code PUNB0584200 is specifically assigned to the HO NEW INITITATIVE DIVISION branch of Punjab National Bank located in NEW DELHI, DELHI. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use PUNB0584200 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use PUNB0584200 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require PUNB0584200 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Punjab National Bank HO NEW INITITATIVE DIVISION Branch

The HO NEW INITITATIVE DIVISION branch of Punjab National Bank is situated in NEW DELHI, DELHI. The branch address is PNB, NEW INITITATIVE DIVISION, HO(FIRST FLOOR. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. Always use the IFSC code PUNB0584200 when making any online fund transfer to an account held at this branch.

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