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Punjab National Bank · Visakhapatanam

PUNB0523000: Punjab National Bank, Retail Loans Hub, Secunderabad

IFSC code PUNB0523000 belongs to the Retail Loans Hub, Secunderabad branch of Punjab National Bank in Visakhapatanam, Andhra Pradesh. Its MICR code is 500024033.

IFSC
PUNB0523000
MICR
500024033
Bank
Punjab National Bank
Branch
Retail Loans Hub, Secunderabad
District
Visakhapatanam
State
Andhra Pradesh

Branch address

Punjab National Bank
Retail Loans Hub, 4-1-427, Troop Bazar

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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 523000 is the code of the Retail Loans Hub, Secunderabad branch. In the MICR code 500024033, 500 is the city, 024 the bank and 033 the branch.

Other Punjab National Bank branches in Visakhapatanam

All 76 Punjab National Bank branches in Visakhapatanam

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 Retail Loans Hub, Secunderabad branch (Visakhapatanam, Andhra Pradesh) is PUNB0523000.

  2. 500024033. MICR is printed at the bottom of the branch's cheques.

  3. Retail Loans Hub, 4-1-427, Troop Bazar

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PUNB0523000 with the beneficiary's account number.

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