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Punjab & Sind Bank · Salem

PSIB0021827: Punjab & Sind Bank, Gorimedu

IFSC code PSIB0021827 belongs to the Gorimedu branch of Punjab & Sind Bank in Salem, Tamil Nadu. Its MICR code is 636023003.

IFSC
PSIB0021827
MICR
636023003
Bank
Punjab & Sind Bank
Branch
Gorimedu
District
Salem
State
Tamil Nadu
Phone
+919994442758

Branch address

Punjab & Sind Bank
Varma Constructions Pvt. Ltd, Modern Theatre Premises, Yercaud Main Road, Salem- 636008

Open in a map · Pincode 636008: 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 021827 is the code of the Gorimedu branch. In the MICR code 636023003, 636 is the city, 023 the bank and 003 the branch.

Other Punjab & Sind Bank branches in Salem

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 Gorimedu branch (Salem, Tamil Nadu) is PSIB0021827.

  2. 636023003. MICR is printed at the bottom of the branch's cheques.

  3. Varma Constructions Pvt. Ltd, Modern Theatre Premises, Yercaud Main Road, Salem- 636008

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC PSIB0021827 with the beneficiary's account number.

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