Punjab & Sind Bank — IBD CHENNAI Branch

CHENNAI, TAMIL NADU

IFSC Code PSIB0000575
MICR Code 600023003

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Punjab & Sind Bank
Branch Name IBD CHENNAI
IFSC Code PSIB0000575
MICR Code 600023003
SWIFT Code N/A
Address SPENCER TOWER ANNA SALAI CHENNAI 600002
City CHENNAI
District CHENNAI
State TAMIL NADU
Contact Number +914428491102

How to Use PSIB0000575 for Money Transfers

The IFSC code PSIB0000575 is specifically assigned to the IBD CHENNAI branch of Punjab & Sind Bank located in CHENNAI, TAMIL NADU. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use PSIB0000575 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use PSIB0000575 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require PSIB0000575 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Punjab & Sind Bank IBD CHENNAI Branch

The IBD CHENNAI branch of Punjab & Sind Bank is situated in CHENNAI, TAMIL NADU. The branch address is SPENCER TOWER ANNA SALAI CHENNAI 600002. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +914428491102. Always use the IFSC code PSIB0000575 when making any online fund transfer to an account held at this branch.

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