This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab and Sind Bank, GUMTI KALAN branch in BATHINDA. The 11-digit IFSC PSIB0021030 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Punjab and Sind Bank at the GUMTI KALAN location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Punjab and Sind Bank – GUMTI KALAN is PSIB0021030. The first four letters PSIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 021030 map to this branch in BATHINDA, PUNJAB.
About Punjab and Sind Bank
Punjab and Sind Bank operates a wide network of branches across India, including the Gumti Kalan branch in Bathinda. 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, PSIB0021030.
About this branch
The branch is located at VPO GUMTI KALAN THE PHUL DISTT BHATINDA 151006. It serves the Bathinda region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Punjab and Sind Bank. The IFSC PSIB0021030 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Gumti Kalan |
| IFSC Code | PSIB0021030 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VPO GUMTI KALAN THE PHUL DISTT BHATINDA 151006 |
| City | Bathinda |
| District | Bathinda |
| State | Punjab |
| STD Code | 1651 |
| Phone | 231250 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Punjab and Sind Bank's GUMTI KALAN branch came to be assigned the code PSIB0021030.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC PSIB0021030, money simply cannot be routed to the GUMTI KALAN branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Punjab and Sind Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC PSIB0021030 and the account number together uniquely identify the Gumti Kalan branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC PSIB0021030
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 PSIB0021030 across all three.
NEFT to Punjab and Sind Bank, GUMTI KALAN using IFSC PSIB0021030
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC PSIB0021030, and confirm that the system picks up Punjab and Sind Bank – GUMTI KALAN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to GUMTI KALAN
If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's GUMTI KALAN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021030 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab and Sind Bank GUMTI KALAN (IFSC PSIB0021030)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021030 in your mobile or internet banking app, and the money is credited to the GUMTI KALAN branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PSIB0021030 for Punjab and Sind Bank – GUMTI KALAN, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – PSIB0021030 | Yes – PSIB0021030 | Yes – PSIB0021030 |
For most retail customers crediting the Gumti Kalan branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC PSIB0021030
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 Punjab and Sind Bank – GUMTI KALAN is still mapped to IFSC PSIB0021030. 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 PSIB0021030 and the beneficiary's account number to complete the transfer.
Account types you can open at the Gumti Kalan branch
Once you have an account at Punjab and Sind Bank – GUMTI KALAN, the IFSC PSIB0021030 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Gumti Kalan branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1651-231250.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC PSIB0021030
Online banking and IFSC PSIB0021030
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the GUMTI KALAN 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 PSIB0021030 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.
Reaching the branch
The Gumti Kalan branch sits at VPO GUMTI KALAN THE PHUL DISTT BHATINDA 151006. If you are travelling from outside Bathinda, search for the branch on a maps application using the bank name and locality, or call 1651-231250 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 PSIB0021030 and your account number.
Common mistakes to avoid when using IFSC PSIB0021030
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 Punjab and Sind Bank – GUMTI KALAN, 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:
PSIB0021030. - 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.
Working hours
Branch counters at Gumti Kalan 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 PSIB0021030 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PSIB0021030 for Punjab and Sind Bank – GUMTI KALAN, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Punjab and Sind BankGumti Kalan Branch
VPO GUMTI KALAN THE PHUL DISTT BHATINDA 151006
Bathinda, Punjab
Phone: 1651-231250
IFSC: PSIB0021030
Frequently asked questions
Is IFSC PSIB0021030 the same for all accounts at Gumti Kalan branch?
Yes. The IFSC PSIB0021030 is shared by every account held at Punjab and Sind Bank's Gumti Kalan branch. Only the account number changes from customer to customer.
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 Gumti Kalan branch but serve different purposes.
How do I add Punjab and Sind Bank Gumti Kalan as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021030, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using PSIB0021030 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Gumti Kalan reflect within 30 minutes.
What is the phone number of Punjab and Sind Bank Gumti Kalan branch?
You can reach the branch at 1651-231250 during regular banking hours.
What is the IFSC code of Punjab and Sind Bank Gumti Kalan branch?
The IFSC code of Punjab and Sind Bank, Gumti Kalan branch is PSIB0021030. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Punjab and Sind Bank Gumti Kalan branch located?
Punjab and Sind Bank's Gumti Kalan branch is located at VPO GUMTI KALAN THE PHUL DISTT BHATINDA 151006, Bathinda, Punjab.
Summary
The IFSC code PSIB0021030 belongs to Punjab and Sind Bank's GUMTI KALAN branch, located at VPO GUMTI KALAN THE PHUL DISTT BHATINDA 151006 in BATHINDA, PUNJAB. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
