Punjab & Sind Bank DERA BASSI S S JAIN SABHA Branch IFSC Code

PSIB 0000831
Punjab & Sind Bank Logo Punjab & Sind Bank
DERA BASSI S S JAIN SABHA — PATIALA, PUNJAB
MICR: 160023034 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Punjab & Sind Bank
Branch
DERA BASSI S S JAIN SABHA
IFSC Code
PSIB0000831
MICR Code
160023034
Address
S S JAIN SABHA, DISTT. S A S NAGAR (MOHALI, PUNJAB - 140412
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City
PATIALA
District
DERA BASSI
State
PUNJAB
Contact
+911762282383

How to Use This IFSC Code

NEFT Transfer

Use IFSC code PSIB0000831 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 PSIB0000831.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PSIB0000831.

IFSC Code Structure

P
S
I
B
0
0
0
0
8
3
1
  • PSIB — Bank code (Punjab & Sind Bank)
  • 0 — Reserved (always 0)
  • 000831 — Branch code (DERA BASSI S S JAIN SABHA)

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Frequently Asked Questions

Is PSIB0000831 valid for online transfer?
Yes, PSIB0000831 is a valid IFSC code for Punjab & Sind Bank DERA BASSI S S JAIN SABHA branch in PATIALA, PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PSIB0000831 belong to?
PSIB0000831 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 DERA BASSI S S JAIN SABHA is 160023034. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PSIB0000831?
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.