Punjab & Sind Bank LALRU SSI Branch IFSC Code

PSIB 0000703
Punjab & Sind Bank Logo Punjab & Sind Bank
LALRU SSI — PATIALA, PUNJAB
MICR: 160023035 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Punjab & Sind Bank
Branch
LALRU SSI
IFSC Code
PSIB0000703
MICR Code
160023035
Address
CHANDIGARH ROAD LALRU TEHSIL DERA BASSI DISTRICT PATIALA PUNJAB 140501
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City
PATIALA
District
LALRU
State
PUNJAB
Contact
+919041510101

How to Use This IFSC Code

NEFT Transfer

Use IFSC code PSIB0000703 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code PSIB0000703.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PSIB0000703.

IFSC Code Structure

P
S
I
B
0
0
0
0
7
0
3
  • PSIB — Bank code (Punjab & Sind Bank)
  • 0 — Reserved (always 0)
  • 000703 — Branch code (LALRU SSI)

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Frequently Asked Questions

Is PSIB0000703 valid for online transfer?
Yes, PSIB0000703 is a valid IFSC code for Punjab & Sind Bank LALRU SSI branch in PATIALA, PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PSIB0000703 belong to?
PSIB0000703 belongs to Punjab & Sind Bank. The first 4 characters "PSIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Punjab & Sind Bank LALRU SSI is 160023035. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PSIB0000703?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.