Punjab & Sind Bank — KHANDWA Branch

KHANDWA, MADHYA PRADESH

IFSC Code PSIB0021622
MICR Code 450023002

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Punjab & Sind Bank
Branch Name KHANDWA
IFSC Code PSIB0021622
MICR Code 450023002
SWIFT Code N/A
Address PLOT NO.1,PROFESSOR COLONY,ANAND NAGAR,KHANDWA
City KHANDWA
District KHANDWA
State MADHYA PRADESH
Contact Number +919990071715

How to Use PSIB0021622 for Money Transfers

The IFSC code PSIB0021622 is specifically assigned to the KHANDWA branch of Punjab & Sind Bank located in KHANDWA, MADHYA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use PSIB0021622 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 PSIB0021622 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 PSIB0021622 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 KHANDWA Branch

The KHANDWA branch of Punjab & Sind Bank is situated in KHANDWA, MADHYA PRADESH. The branch address is PLOT NO.1,PROFESSOR COLONY,ANAND NAGAR,KHANDWA. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +919990071715. Always use the IFSC code PSIB0021622 when making any online fund transfer to an account held at this branch.

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