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Punjab & Sind Bank · Chandigarh

PSIB0000689: Punjab & Sind Bank, Industrial Finance Branch

IFSC code PSIB0000689 belongs to the Industrial Finance Branch branch of Punjab & Sind Bank in Chandigarh, Chandigarh. Its MICR code is 160023002.

IFSC
PSIB0000689
MICR
160023002
Bank
Punjab & Sind Bank
Branch
Industrial Finance Branch
District
Chandigarh
State
Chandigarh
Phone
+919501006172

Branch address

Punjab & Sind Bank
Bank Square Sector 17b Chandigarh 160017

Open in a map · Pincode 160017: post offices and area

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 000689 is the code of the Industrial Finance Branch branch. In the MICR code 160023002, 160 is the city, 023 the bank and 002 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 Industrial Finance Branch branch (Chandigarh, Chandigarh) is PSIB0000689.

  2. 160023002. MICR is printed at the bottom of the branch's cheques.

  3. Bank Square Sector 17b Chandigarh 160017

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PSIB0000689 with the beneficiary's account number.

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