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Punjab National Bank · Basinenipalli, Distt. Nellore

PUNB0281900: Punjab National Bank, Basinenipalli, Distt. Nellore

IFSC code PUNB0281900 belongs to the Basinenipalli, Distt. Nellore branch of Punjab National Bank in Basinenipalli, Distt. Nellore, Andhra Pradesh. Its MICR code is 524024502.

IFSC
PUNB0281900
MICR
524024502
Bank
Punjab National Bank
Branch
Basinenipalli, Distt. Nellore
District
Basinenipalli, Distt. Nellore
State
Andhra Pradesh

Branch address

Punjab National Bank
Via Udayagiri, Mandal Seetharampuram

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

PUNB is Punjab National Bank's bank code, the fifth character 0 is kept for future use, and 281900 is the code of the Basinenipalli, Distt. Nellore branch. In the MICR code 524024502, 524 is the city, 024 the bank and 502 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

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  1. The IFSC of Punjab National Bank's Basinenipalli, Distt. Nellore branch (Basinenipalli, Distt. Nellore, Andhra Pradesh) is PUNB0281900.

  2. 524024502. MICR is printed at the bottom of the branch's cheques.

  3. Via Udayagiri, Mandal Seetharampuram

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PUNB0281900 with the beneficiary's account number.

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