Punjab & Sind Bank IFSC Code
RAIPUR Branch, RAIPUR, RAIPUR, CHHATTISGARH
The official Indian Financial System Code (IFSC) for Punjab & Sind Bank, RAIPUR branch in RAIPUR, CHHATTISGARH is PSIB0021157. The MICR code for cheque clearance is 423023003.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Punjab & Sind Bank
- Branch Name
- RAIPUR
- MICR Code
- City / District
- RAIPUR (RAIPUR)
- State
- CHHATTISGARH
- Postal Pincode
- 492004
SHOP NO 25 MAHALAXMI CLOTH MARKET PANDRIRAIPUR CHHATISGARH 492004, Pincode: 492004
How to Read IFSC Code: PSIB0021157
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Punjab & Sind Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Punjab & Sind Bank (PSIB0021157)
What is the IFSC Code for Punjab & Sind Bank RAIPUR branch?
The IFSC Code for Punjab & Sind Bank RAIPUR branch in RAIPUR, CHHATTISGARH is PSIB0021157. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Punjab & Sind Bank RAIPUR branch?
The branch is located at: SHOP NO 25 MAHALAXMI CLOTH MARKET PANDRIRAIPUR CHHATISGARH 492004, Pincode: 492004, RAIPUR, CHHATTISGARH.
What is the MICR Code for Punjab & Sind Bank RAIPUR?
The MICR Code for electronic cheque clearing at Punjab & Sind Bank RAIPUR is 423023003.
How can I contact Punjab & Sind Bank RAIPUR branch?
You can contact the branch at: Phone: +912582399. For official national customer care, refer to Punjab & Sind Bank's official banking channels.
How to decipher the IFSC code PSIB0021157?
The first 4 characters 'PSIB' represent Punjab & Sind Bank. The 5th character is '0' reserved for future use. The last 6 characters '021157' represent the specific RAIPUR branch code.
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