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Punjab & Sind Bank · West Godavari

PSIB0021564: Punjab & Sind Bank, Bhimavaram

IFSC code PSIB0021564 belongs to the Bhimavaram branch of Punjab & Sind Bank in West Godavari, Andhra Pradesh. Its MICR code is 534023002.

IFSC
PSIB0021564
MICR
534023002
Bank
Punjab & Sind Bank
Branch
Bhimavaram
District
West Godavari
State
Andhra Pradesh
Phone
+917773060096

Branch address

Punjab & Sind Bank
H No 7 54 3 Ground Floor Kanumuru Sambasiva Raju Plaza Beside Right Wall SRKR Engineering College JP Road Bhimavaram

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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 021564 is the code of the Bhimavaram branch. In the MICR code 534023002, 534 is the city, 023 the bank and 002 the branch.

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 Bhimavaram branch (West Godavari, Andhra Pradesh) is PSIB0021564.

  2. 534023002. MICR is printed at the bottom of the branch's cheques.

  3. H No 7 54 3 Ground Floor Kanumuru Sambasiva Raju Plaza Beside Right Wall SRKR Engineering College JP Road Bhimavaram

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PSIB0021564 with the beneficiary's account number.

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