IFSC Code of Punjab National Bank AHMEDABAD, NEW CLOTH MARKET Branch

IFSC code PUNB0098500 belongs to the AHMEDABAD, NEW CLOTH MARKET branch of Punjab National Bank in NEAR VIVEKANANADA COLLEGE, AHMEDABAD, GUJARAT. The branch is located at RAIPUR DHARWAZA, HOTEL RAM VILAS BUILDING,. Its MICR code is 380024008, used for cheque clearing.

How this IFSC code is structured: The first 4 characters "PUNB" represent the bank code assigned by the Reserve Bank of India (RBI). The 5th character is always 0 (zero), reserved by RBI for future use. The last 6 characters "098500" identify this specific branch within the bank's network. Together, these 11 characters uniquely identify this branch across India's entire banking network.

About Punjab National Bank: Punjab National Bank is one of the oldest and largest public sector banks in India. Founded in 1894, it has a rich history of serving the nation's banking needs. The bank was founded in 1894. Its headquarters is in New Delhi. It is a Public Sector Bank.

Where you can use PUNB0098500: This IFSC code is used to send money to any account at this branch via NEFT (any amount), RTGS (minimum ₹2 lakh), and IMPS (instant, 24×7). For UPI payments, IFSC is not required. UPI uses the recipient's Virtual Payment Address (VPA).

Important: Always verify the IFSC code directly with your bank or the recipient before initiating a money transfer. Adliko is an independent directory and is not affiliated with any bank. The data on this page is sourced from publicly available banking records and is updated regularly.