Punjab National Bank CHENNIMALAI Branch IFSC Code

PUNB 0589300
Punjab National Bank Logo Punjab National Bank
CHENNIMALAI — ERODE, TAMIL NADU
MICR: 638024009 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Punjab National Bank
Branch
CHENNIMALAI
IFSC Code
PUNB0589300
MICR Code
638024009
Address
NO 06 CHOLAN ST CHENNIMALAI EORDE TAMIL NADU 638051
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City
ERODE
District
CHENNIMALAI
State
TAMIL NADU

How to Use This IFSC Code

NEFT Transfer

Use IFSC code PUNB0589300 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code PUNB0589300.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PUNB0589300.

IFSC Code Structure

P
U
N
B
0
5
8
9
3
0
0
  • PUNB — Bank code (Punjab National Bank)
  • 0 — Reserved (always 0)
  • 589300 — Branch code (CHENNIMALAI)

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Frequently Asked Questions

Is PUNB0589300 valid for online transfer?
Yes, PUNB0589300 is a valid IFSC code for Punjab National Bank CHENNIMALAI branch in ERODE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PUNB0589300 belong to?
PUNB0589300 belongs to Punjab National Bank. The first 4 characters "PUNB" identify the bank.
What is the MICR code for this branch?
The MICR code for Punjab National Bank CHENNIMALAI is 638024009. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PUNB0589300?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.