Punjab & Sind Bank RAIPUR Branch IFSC Code
PSIB 0021157
Punjab & Sind Bank RAIPUR — RAIPUR, CHHATTISGARH
MICR: 423023003
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Punjab & Sind Bank
- Branch
- RAIPUR
- IFSC Code
- PSIB0021157
- MICR Code
- 423023003
- City
- RAIPUR
- District
- RAIPUR
- State
- CHHATTISGARH
- Contact
- +912582399
How to Use This IFSC Code
NEFT Transfer
Use IFSC code PSIB0021157 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 PSIB0021157.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PSIB0021157.
IFSC Code Structure
P
S
I
B
0
0
2
1
1
5
7
- PSIB — Bank code (Punjab & Sind Bank)
- 0 — Reserved (always 0)
- 021157 — Branch code (RAIPUR)
Frequently Asked Questions
Is PSIB0021157 valid for online transfer?
Yes, PSIB0021157 is a valid IFSC code for Punjab & Sind Bank RAIPUR branch in RAIPUR, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PSIB0021157 belong to?
PSIB0021157 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 RAIPUR is 423023003. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PSIB0021157?
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.