Punjab & Sind Bank SPECIALIZED ASSET RECOVERY BRANCH Branch IFSC Code
PSIB 0021558
Punjab & Sind Bank SPECIALIZED ASSET RECOVERY BRANCH — HYDERABAD, TELANGANA
MICR: 500023008
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Punjab & Sind Bank
- Branch
- SPECIALIZED ASSET RECOVERY BRANCH
- IFSC Code
- PSIB0021558
- MICR Code
- 500023008
- City
- HYDERABAD
- District
- HYDERABAD
- State
- TELANGANA
- Contact
- +914024753355
How to Use This IFSC Code
NEFT Transfer
Use IFSC code PSIB0021558 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 PSIB0021558.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PSIB0021558.
IFSC Code Structure
P
S
I
B
0
0
2
1
5
5
8
- PSIB — Bank code (Punjab & Sind Bank)
- 0 — Reserved (always 0)
- 021558 — Branch code (SPECIALIZED ASSET RECOVERY BRANCH)
Frequently Asked Questions
Is PSIB0021558 valid for online transfer?
Yes, PSIB0021558 is a valid IFSC code for Punjab & Sind Bank SPECIALIZED ASSET RECOVERY BRANCH branch in HYDERABAD, TELANGANA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PSIB0021558 belong to?
PSIB0021558 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 SPECIALIZED ASSET RECOVERY BRANCH is 500023008. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PSIB0021558?
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.