PSIB0000002: Punjab & Sind Bank, Ludhiana Sabun Bazar, Ludhiana
IFSC code PSIB0000002 belongs to the Ludhiana Sabun Bazar, Ludhiana branch of Punjab & Sind Bank in Ludhiana, Punjab. Its MICR code is 141023016.
- IFSC
- PSIB0000002
- MICR
- 141023016
- Branch
- Ludhiana Sabun Bazar, Ludhiana
- District
- Ludhiana
- State
- Punjab
- Phone
- +911612722767
Branch address
Punjab & Sind Bank
Saban Bazar, Ludhiana
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments by UPI ID or mobile number from apps |
Reading this IFSC
PSIB is Punjab & Sind Bank's bank code, the fifth character 0 is kept for future use, and 000002 is the code of the Ludhiana Sabun Bazar, Ludhiana branch. In the MICR code 141023016, 141 is the city, 023 the bank and 016 the branch.
Other Punjab & Sind Bank branches in Ludhiana
All 77 Punjab & Sind Bank branches in Ludhiana
IFSC and your loan
When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.
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Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.
The IFSC of Punjab & Sind Bank's Ludhiana Sabun Bazar, Ludhiana branch (Ludhiana, Punjab) is PSIB0000002.
141023016. MICR is printed at the bottom of the branch's cheques.
Saban Bazar, Ludhiana
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PSIB0000002 with the beneficiary's account number.
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