Punjab & Sind Bank PALASH Branch IFSC Code
PSIB 0021153
Punjab & Sind Bank PALASH — RATLAM, MADHYA PRADESH
MICR: 457023501
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Punjab & Sind Bank
- Branch
- PALASH
- IFSC Code
- PSIB0021153
- MICR Code
- 457023501
- City
- RATLAM
- District
- RATLAM
- State
- MADHYA PRADESH
- Contact
- +917415795176
How to Use This IFSC Code
NEFT Transfer
Use IFSC code PSIB0021153 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 PSIB0021153.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PSIB0021153.
IFSC Code Structure
P
S
I
B
0
0
2
1
1
5
3
- PSIB — Bank code (Punjab & Sind Bank)
- 0 — Reserved (always 0)
- 021153 — Branch code (PALASH)
Nearby Punjab & Sind Bank Branches in RATLAM
RATLAM
PSIB0000594
9 STATION ROAD RATLAM 457001
MICR: 457023002 RTGS ✓ NEFT ✓ IMPS ✓
LALGUWADI
PSIB0021298
VILLAGE LALGUWADI,BLOCK RATLAM,DISTT.RATLAM 457001,MADHYA PRADESH
MICR: 457023502 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is PSIB0021153 valid for online transfer?
Yes, PSIB0021153 is a valid IFSC code for Punjab & Sind Bank PALASH branch in RATLAM, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PSIB0021153 belong to?
PSIB0021153 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 PALASH is 457023501. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PSIB0021153?
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.