PUNJAB AND SIND BANK IFSC Code – CHANDIGARH INDUSTRIAL AREA, CHANDIGARH
Complete bank details including IFSC code, MICR code, address and payment facilities for CHANDIGARH INDUSTRIAL AREA branch.
Bank Details
| Bank Name | PUNJAB AND SIND BANK |
| Branch Name | CHANDIGARH INDUSTRIAL AREA |
| IFSC Code | PSIB0000245 |
| MICR Code | 160023010 |
| Address | 4-5 M.W.MARKET INDUSTRIAL AREA PHASE-I CHANDIGARH-160002 |
| City | CHANDIGARH |
| State | CHANDIGARH |
| Contact | 650173 |
Payment Facilities
About IFSC Code PSIB0000245
The IFSC code PSIB0000245 uniquely identifies the CHANDIGARH INDUSTRIAL AREA branch of PUNJAB AND SIND BANK located in CHANDIGARH, CHANDIGARH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code PSIB0000245
- First 4 characters (PSIB) – Represents PUNJAB AND SIND BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000245) – Unique branch identifier for CHANDIGARH INDUSTRIAL AREA
How to Use IFSC Code PSIB0000245
To transfer money to any account at PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA branch, you will need to provide the IFSC code PSIB0000245 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at CHANDIGARH INDUSTRIAL AREA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA Branch
PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA is a branch of PUNJAB AND SIND BANK located in CHANDIGARH, CHANDIGARH. The branch provides comprehensive banking services to customers in CHANDIGARH and surrounding areas.
Branch Address
4-5 M.W.MARKET INDUSTRIAL AREA PHASE-I CHANDIGARH-160002, CHANDIGARH, CHANDIGARH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 160023010. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA?
The IFSC code of PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA branch in CHANDIGARH is PSIB0000245.
What is the MICR code of PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA?
The MICR code of PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA branch is 160023010.
What is the address of PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA?
PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA branch is located at 4-5 M.W.MARKET INDUSTRIAL AREA PHASE-I CHANDIGARH-160002.
Does PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA support NEFT/RTGS/IMPS?
PUNJAB AND SIND BANK CHANDIGARH INDUSTRIAL AREA branch supports NEFT, RTGS, IMPS, and UPI transactions.