NEFT (National Electronic Funds Transfer) lets you send money to any account at Punjab National Bank's MUMBAI KANDIVALI WEST, branch from any other bank in India. Transfers are processed in half-hourly batches, so funds usually reach the recipient within a couple of hours, and there's no minimum or maximum amount restriction from RBI's side.
For amounts of ₹2 lakh or more sent to an account at Punjab National Bank, MUMBAI KANDIVALI WEST,, RTGS is usually the better choice over NEFT — each transaction settles on its own in real time instead of waiting in a batch.
IMPS (Immediate Payment Service) is the fastest of the three — funds move to MUMBAI KANDIVALI WEST, within seconds, any time of day including bank holidays. It's typically capped at ₹5 lakh per transaction depending on your bank's own limits.
NEFT & RTGS Timing — System Hours vs. Branch Hours
A distinction that matters if you're transferring to MUMBAI KANDIVALI WEST,: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
Method
System Hours
If Visiting MUMBAI KANDIVALI WEST, In Person
NEFT
24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)
Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS
24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)
Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS
24x7x365 — always has been, no banking-hours restriction at the system level.
Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).
Follow these steps to transfer money into an account held at MUMBAI KANDIVALI WEST,:
Log in to your bank's net banking portal or mobile banking app.
Add a new beneficiary/payee, entering the recipient's full name and account number.
Enter the IFSC code PUNB0128600 when prompted — this routes the transfer to MUMBAI KANDIVALI WEST, specifically.
Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.
Frequently asked questions
What is the IFSC code of the Punjab National Bank MUMBAI KANDIVALI WEST, branch?
The IFSC code for Punjab National Bank's MUMBAI KANDIVALI WEST, branch in MUMBAI, MAHARASHTRA is PUNB0128600. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
What is the MICR code of this branch?
The MICR code for this branch is 400024019. MICR codes are used for cheque clearing, while the IFSC code (PUNB0128600) is what's needed for electronic transfers like NEFT and RTGS.
Where is the MUMBAI KANDIVALI WEST, branch of Punjab National Bank located?
This branch is located at: MATHURADAS ROAD, KANDIVLI (WEST). It falls under MUMBAI district, MAHARASHTRA.
Can I use this IFSC code for both NEFT and RTGS transfers?
Yes — the same IFSC code (PUNB0128600) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
Is there a phone number for this branch?
A direct contact number isn't listed for this branch in our records. Your best options are Punjab National Bank's national customer care line or the nearest branch locator on the bank's official website.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.