Punjab National Bank — RAICHUR Branch

RAICHUR, KARNATAKA

IFSC Code PUNB0988900
MICR Code 584024002

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Punjab National Bank
Branch Name RAICHUR
IFSC Code PUNB0988900
MICR Code 584024002
SWIFT Code N/A
Address NO 1 11 61,NEAR GHANDHI CHOWK RAICHUR RAICH KARNATAKA 584101
City RAICHUR
District RAICHUR
State KARNATAKA
Contact Number +918142489397

How to Use PUNB0988900 for Money Transfers

The IFSC code PUNB0988900 is specifically assigned to the RAICHUR branch of Punjab National Bank located in RAICHUR, KARNATAKA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use PUNB0988900 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 PUNB0988900 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 PUNB0988900 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 RAICHUR Branch

The RAICHUR branch of Punjab National Bank is situated in RAICHUR, KARNATAKA. The branch address is NO 1 11 61,NEAR GHANDHI CHOWK RAICHUR RAICH KARNATAKA 584101. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +918142489397. Always use the IFSC code PUNB0988900 when making any online fund transfer to an account held at this branch.

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