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Punjab & Sind Bank · Eluru

PSIB0021720: Punjab & Sind Bank, Eluru

IFSC code PSIB0021720 belongs to the Eluru branch of Punjab & Sind Bank in Eluru, Andhra Pradesh. Its MICR code is 534023003.

IFSC
PSIB0021720
MICR
534023003
Bank
Punjab & Sind Bank
Branch
Eluru
District
Eluru
State
Andhra Pradesh
Phone
+919705863346

Branch address

Punjab & Sind Bank
Punjab & Sind Bank, D.No 22b-7-22, Bolusuvari St., Powerpet, Eluru, Andhra Pradesh - 534002

Open in a map · Pincode 534002: 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 021720 is the code of the Eluru branch. In the MICR code 534023003, 534 is the city, 023 the bank and 003 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 Eluru branch (Eluru, Andhra Pradesh) is PSIB0021720.

  2. 534023003. MICR is printed at the bottom of the branch's cheques.

  3. Punjab & Sind Bank, D.No 22b-7-22, Bolusuvari St., Powerpet, Eluru, Andhra Pradesh - 534002

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PSIB0021720 with the beneficiary's account number.

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