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Punjab & Sind Bank · Chandigarh

PSIB0000417: Punjab & Sind Bank, Chandigarh Sector Twenty Four

IFSC code PSIB0000417 belongs to the Chandigarh Sector Twenty Four branch of Punjab & Sind Bank in Chandigarh, Chandigarh. Its MICR code is 160023008.

IFSC
PSIB0000417
MICR
160023008
Bank
Punjab & Sind Bank
Branch
Chandigarh Sector Twenty Four
District
Chandigarh
State
Chandigarh
Phone
+919800081959

Branch address

Punjab & Sind Bank
Sector 24 Chandigarh 160026

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments 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 000417 is the code of the Chandigarh Sector Twenty Four branch. In the MICR code 160023008, 160 is the city, 023 the bank and 008 the branch.

Other Punjab & Sind Bank branches in Chandigarh

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.

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.

01 FAQ

Common questions.

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  1. The IFSC of Punjab & Sind Bank's Chandigarh Sector Twenty Four branch (Chandigarh, Chandigarh) is PSIB0000417.

  2. 160023008. MICR is printed at the bottom of the branch's cheques.

  3. Sector 24 Chandigarh 160026

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PSIB0000417 with the beneficiary's account number.

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