IFSC Code PUNB0005330 - Punjab National Bank Iti Chhak
ITI CHHAK AT PLOT NO 36 163 KHATA NO 58 76 ALUPUR PS BALASORE SADAR
Quick Info
IFSC: PUNB0005330
District: BALASORE
Status: Active
About Punjab National Bank Iti Chhak
IFSC Code PUNB0005330 belongs to Punjab National Bank Iti Chhak branch located in Balasore, Balasore, Odisha. This branch serves customers in Balasore, Balasore, Odisha and surrounding areas.
Understanding IFSC Code PUNB0005330
The IFSC (Indian Financial System Code) PUNB0005330 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (PUNB): Bank code identifying Punjab National Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (005330): Unique branch identifier for Iti Chhak
Electronic Fund Transfer Services
IFSC Code PUNB0005330 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Punjab National Bank Iti Chhak branch is located at ITI CHHAK AT PLOT NO 36 163 KHATA NO 58 76 ALUPUR PS BALASORE SADAR in Balasore, Balasore, Odisha. This location serves customers in Balasore, Balasore, Odisha and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code PUNB0005330 to ensure the transaction is routed correctly.
How to Use IFSC Code PUNB0005330
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: PUNB0005330 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Punjab National Bank Branches
If you're looking for other Punjab National Bank branches in Balasore, Balasore, Odisha or nearby areas, use our Punjab National Bank branch finder. You can search by city, district, or state to find all Punjab National Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | PUNB0005330 |
| Bank Name: | Punjab National Bank |
| Branch Name: | Iti Chhak |
| Address: | ITI CHHAK AT PLOT NO 36 163 KHATA NO 58 76 ALUPUR PS BALASORE SADAR |
| City: | Balasore |
| District: | Balasore |
| State: | Odisha |
Payment Services Available
Punjab National Bank Iti Chhak Branch IFSC Code PUNB0005330 — Complete Banking Guide for Balasore, Odisha
IFSC code PUNB0005330 belongs to the Iti Chhak branch of Punjab National Bank in Balasore, Balasore district, Odisha. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC PUNB0005330 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Punjab National Bank, Iti Chhak Branch
The Iti Chhak branch of Punjab National Bank in Balasore, Odisha serves retail and corporate customers in Balasore district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC PUNB0005330 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC PUNB0005330
Four primary digital payment rails use IFSC PUNB0005330 for transfers to Punjab National Bank, Iti Chhak: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC PUNB0005330 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Iti Chhak branch of Punjab National Bank in Balasore carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC PUNB0005330 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC PUNB0005330 Before Transferring
Before initiating any high-value transfer to IFSC PUNB0005330, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Punjab National Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Punjab National Bank Iti Chhak, Balasore IFSC
What is the IFSC of Punjab National Bank Iti Chhak in Balasore?
The IFSC of Punjab National Bank, Iti Chhak branch in Balasore, Odisha is PUNB0005330. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC PUNB0005330?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC PUNB0005330 to route funds to Punjab National Bank, Iti Chhak, Balasore.
Who assigns IFSC codes like PUNB0005330?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Punjab National Bank applied for the IFSC for its Iti Chhak branch in Balasore, and RBI issued PUNB0005330 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC PUNB0005330 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC PUNB0005330 at Punjab National Bank, Iti Chhak, Balasore. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC PUNB0005330.
About IFSC Code PUNB0005330
IFSC Code PUNB0005330 belongs to Punjab National Bank branch Iti Chhak located in Balasore, Balasore, Odisha.
Branch Information
- IFSC Code: PUNB0005330
- Bank: Punjab National Bank
- Branch: Iti Chhak
- Address: ITI CHHAK AT PLOT NO 36 163 KHATA NO 58 76 ALUPUR PS BALASORE SADAR
- City: Balasore
- District: Balasore
- State: Odisha
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available