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Punjab & Sind Bank · Durg

PSIB0021109: Punjab & Sind Bank, Risama

IFSC code PSIB0021109 belongs to the Risama branch of Punjab & Sind Bank in Durg, Chhattisgarh. Its MICR code is 491023501.

IFSC
PSIB0021109
MICR
491023501
Bank
Punjab & Sind Bank
Branch
Risama
District
Durg
State
Chhattisgarh
Phone
+919893158957

Branch address

Punjab & Sind Bank
Risama Tehsil Gunderdehi Near Railway Station Distt Durg Chhatisgarh 491221

Open in a map · Pincode 491221: 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 021109 is the code of the Risama branch. In the MICR code 491023501, 491 is the city, 023 the bank and 501 the branch.

Other Punjab & Sind Bank branches in Durg

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 Risama branch (Durg, Chhattisgarh) is PSIB0021109.

  2. 491023501. MICR is printed at the bottom of the branch's cheques.

  3. Risama Tehsil Gunderdehi Near Railway Station Distt Durg Chhatisgarh 491221

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PSIB0021109 with the beneficiary's account number.

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