Below are the complete branch details for Pavana Sahakari Bank Ltd, INDURI branch, located in PUNE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is PSBL0000022. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case PSBL0000022 for Pavana Sahakari Bank Ltd – INDURI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, PSBL0000022 is the IFSC of Pavana Sahakari Bank Ltd's INDURI branch. The format is fixed: PSBL = bank code, 0 = reserved, 000022 = branch identifier.
About Pavana Sahakari Bank Ltd
Pavana Sahakari Bank Ltd operates a wide network of branches across India, including the Induri branch in Pune. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, PSBL0000022.
Branch details at a glance
| Bank Name | Pavana Sahakari Bank Ltd |
|---|---|
| Branch | Induri |
| IFSC Code | PSBL0000022 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CITY SR NO.444,445,446,447&448,AT POST INDURI GAVTHAN,TALEGON-CHAKAN ROAD,TAL.MAVAL,DIST PUNE - 410507 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 20 |
| Phone | 8956826105 |
About the Induri branch
The Induri branch of Pavana Sahakari Bank Ltd is situated at CITY SR NO.444,445,446,447&448,AT POST INDURI GAVTHAN,TALEGON-CHAKAN ROAD,TAL.MAVAL,DIST PUNE - 410507. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code PSBL0000022 is used.
Why every Pavana Sahakari Bank Ltd branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including INDURI of Pavana Sahakari Bank Ltd — its own 11-character IFSC. The code PSBL0000022 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC PSBL0000022 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Induri branch is mapped to IFSC PSBL0000022 on the RBI payments network. The branch generally supports the full retail product catalogue of Pavana Sahakari Bank Ltd, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains PSBL0000022.
Products and services
Customers walking into the Induri branch can access most of Pavana Sahakari Bank Ltd's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC PSBL0000022
How to transfer money using IFSC PSBL0000022
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC PSBL0000022 across all three.
How to use IFSC PSBL0000022 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Pavana Sahakari Bank Ltd's INDURI branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC PSBL0000022.
- Confirm the bank name auto-populates as Pavana Sahakari Bank Ltd and the branch as INDURI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to INDURI
If you need to transfer ₹2 lakh or more in one go to an account at Pavana Sahakari Bank Ltd's INDURI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSBL0000022 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Pavana Sahakari Bank Ltd – INDURI, use IMPS. With IFSC PSBL0000022 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Induri
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC PSBL0000022:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at INDURI is still linked to IFSC PSBL0000022.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC PSBL0000022
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Pavana Sahakari Bank Ltd – INDURI is still mapped to IFSC PSBL0000022. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC PSBL0000022 and the beneficiary's account number to complete the transfer.
Online banking and IFSC PSBL0000022
Pavana Sahakari Bank Ltd customers can register for net banking and the bank's official mobile app once their account at the INDURI branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC PSBL0000022 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Pavana Sahakari Bank Ltd carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC PSBL0000022 and the account number together uniquely identify the Induri branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC PSBL0000022
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Pavana Sahakari Bank Ltd – INDURI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
PSBL0000022. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Induri branch sits at CITY SR NO.444,445,446,447&448,AT POST INDURI GAVTHAN,TALEGON-CHAKAN ROAD,TAL.MAVAL,DIST PUNE - 410507. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-8956826105 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC PSBL0000022 and your account number.
Verifying IFSC PSBL0000022 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm PSBL0000022 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 20-8956826105.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Induri are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to PSBL0000022 continue to work without interruption.
Branch address & contact
Pavana Sahakari Bank LtdInduri Branch
CITY SR NO.444,445,446,447&448,AT POST INDURI GAVTHAN,TALEGON-CHAKAN ROAD,TAL.MAVAL,DIST PUNE - 410507
Pune, Maharashtra
Phone: 20-8956826105
IFSC: PSBL0000022
Frequently asked questions
What is the phone number of Pavana Sahakari Bank Ltd Induri branch?
You can reach the branch at 20-8956826105 during regular banking hours.
Is IFSC PSBL0000022 the same for all accounts at Induri branch?
Yes. The IFSC PSBL0000022 is shared by every account held at Pavana Sahakari Bank Ltd's Induri branch. Only the account number changes from customer to customer.
Can I use IFSC PSBL0000022 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSBL0000022 to send funds instantly.
Where is Pavana Sahakari Bank Ltd Induri branch located?
Pavana Sahakari Bank Ltd's Induri branch is located at CITY SR NO.444,445,446,447&448,AT POST INDURI GAVTHAN,TALEGON-CHAKAN ROAD,TAL.MAVAL,DIST PUNE - 410507, Pune, Maharashtra.
How quickly will an NEFT transfer using PSBL0000022 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Pavana Sahakari Bank Ltd – Induri reflect within 30 minutes.
How do I add Pavana Sahakari Bank Ltd Induri as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSBL0000022, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Induri branch but serve different purposes.
Is IFSC PSBL0000022 valid for NEFT and RTGS?
Yes. IFSC PSBL0000022 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: PSBL0000022 is the IFSC code of Pavana Sahakari Bank Ltd, INDURI branch, in PUNE, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
