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Verified Branch

Punjab National Bank

PALAKOLLU Branch, WEST GODAVARI

IFSC Code
PUNB0994400
Required for NEFT, RTGS, IMPS money transfers
MICR Code
534024302
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

PUNB Bank Code (1-4)
0 Control Zero (5th)
994400 Branch Code (6-11)

Complete Branch Details

Full Address H NO 13 5 53 3 PALAKOL DISTWEST GODAVARI ANDHRA PRADESH PALLK 534260
State ANDHRA PRADESH
District / City PALAKOL
Centre / Region PALAKOL
Contact / Helpline +919885064502
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code PUNB0994400.
  4. Confirm bank name displays as Punjab National Bank and branch as PALAKOLLU.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (PUNB0994400)

What is the IFSC code of Punjab National Bank PALAKOLLU branch? ↓

The verified 11-digit IFSC code is PUNB0994400. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Punjab National Bank PALAKOLLU? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 534024302. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is H NO 13 5 53 3 PALAKOL DISTWEST GODAVARI ANDHRA PRADESH PALLK 534260, located in PALAKOL district, ANDHRA PRADESH.

Other Punjab National Bank Branches in PALAKOL

PUNB0993100

RAMACHANDRAPURAM Branch

EAST GODAVARI, ANDHRA PRADESH

 PUNB0993200

PITHAPURAM Branch

EAST GODAVARI, ANDHRA PRADESH

 PUNB0998200

AMALAPURAM Branch

EAST GODAVARI, ANDHRA PRADESH

 PUNB0156510

ELURU DISTWEST GODAVARI Branch

WEST GODAVARI, ANDHRA PRADESH

 PUNB0211020

ONGOLE Branch

PRAKASAM, ANDHRA PRADESH

 PUNB0220920

TADEPALLI Branch

GUNTUR, ANDHRA PRADESH

 PUNB0484700

KHAMMAM ,ANDHRA PRADESH Branch

GANDHI CHOWK,NEAR SUNDER TALKIES KHAMMAM, ANDHRA PRADESH

 PUNB0585700

KORUMILLI Branch

EAST GODAVARI, ANDHRA PRADESH

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