Punjab & Sind Bank LALGUWADI Branch IFSC Code

PSIB 0021298
Punjab & Sind Bank Logo Punjab & Sind Bank
LALGUWADI — RATLAM, MADHYA PRADESH
MICR: 457023502 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Punjab & Sind Bank
Branch
LALGUWADI
IFSC Code
PSIB0021298
MICR Code
457023502
Address
VILLAGE LALGUWADI,BLOCK RATLAM,DISTT.RATLAM 457001,MADHYA PRADESH
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City
RATLAM
District
RATLAM
State
MADHYA PRADESH
Contact
+918085905822

How to Use This IFSC Code

NEFT Transfer

Use IFSC code PSIB0021298 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 PSIB0021298.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PSIB0021298.

IFSC Code Structure

P
S
I
B
0
0
2
1
2
9
8
  • PSIB — Bank code (Punjab & Sind Bank)
  • 0 — Reserved (always 0)
  • 021298 — Branch code (LALGUWADI)

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Frequently Asked Questions

Is PSIB0021298 valid for online transfer?
Yes, PSIB0021298 is a valid IFSC code for Punjab & Sind Bank LALGUWADI branch in RATLAM, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PSIB0021298 belong to?
PSIB0021298 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 LALGUWADI is 457023502. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PSIB0021298?
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.