IFSC Code of Punjab and Sind Bank, Chandigarh St Namdev Pub School Sec Xxi Branch, Chandigarh

If you are searching for the IFSC code of Punjab and Sind Bank, CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI branch in CHANDIGARH, CHANDIGARH, this page has every detail you need. The verified IFSC code for this branch is PSIB0000801. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI branch, and detailed step-by-step guides for using the IFSC PSIB0000801 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Punjab and Sind Bank's CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI branch, the IFSC PSIB0000801 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 000801 identifies this particular branch.

About the bank

Punjab and Sind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Chandigarh St Namdev Pub School Sec Xxi branch in Chandigarh, Chandigarh is part of this network and uses the IFSC code PSIB0000801 for all electronic settlement.

Chandigarh St Namdev Pub School Sec Xxi branch overview

Located at ST NAMDEV PUB SCHOOL SEC 21 CHANDIGARH 160019, the Chandigarh St Namdev Pub School Sec Xxi branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PSIB0000801 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

Why every Punjab and Sind Bank 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 CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0000801 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 PSIB0000801 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Chandigarh St Namdev Pub School Sec Xxi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PSIB0000801 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC PSIB0000801

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 PSIB0000801 across all three.

How to use IFSC PSIB0000801 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab and Sind Bank's CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC PSIB0000801.
4. Confirm the bank name auto-populates as Punjab and Sind Bank and the branch as CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC PSIB0000801

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Punjab and Sind Bank – CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI, ensure your bank's portal accepts IFSC PSIB0000801 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Punjab and Sind Bank CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI (IFSC PSIB0000801)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0000801 in your mobile or internet banking app, and the money is credited to the CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC PSIB0000801 for Punjab and Sind Bank – CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI, 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.

For most retail customers crediting the Chandigarh St Namdev Pub School Sec Xxi 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 PSIB0000801

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 – CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI is still mapped to IFSC PSIB0000801. 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 PSIB0000801 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Chandigarh St Namdev Pub School Sec Xxi branch is mapped to IFSC PSIB0000801 on the RBI payments network. The branch generally supports the full retail product catalogue of Punjab and Sind Bank, 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 PSIB0000801.

Banking services available

The Chandigarh St Namdev Pub School Sec Xxi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8725002975.

• 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 PSIB0000801

Digital banking channels

Most day-to-day work that customers used to do at the Chandigarh St Namdev Pub School Sec Xxi branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC PSIB0000801 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Reaching the branch

The Chandigarh St Namdev Pub School Sec Xxi branch sits at ST NAMDEV PUB SCHOOL SEC 21 CHANDIGARH 160019. If you are travelling from outside Chandigarh, search for the branch on a maps application using the bank name and locality, or call 91-8725002975 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 PSIB0000801 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Punjab and Sind Bank – CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI:

• The IFSC is exactly PSIB0000801 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Punjab and Sind Bank as the bank name and CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Working hours

Branch counters at Chandigarh St Namdev Pub School Sec Xxi 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 PSIB0000801 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PSIB0000801 for Punjab and Sind Bank – CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI, 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

Frequently asked questions

Final notes

To recap: PSIB0000801 is the IFSC code of Punjab and Sind Bank, CHANDIGARH ST NAMDEV PUB SCHOOL SEC XXI branch, in CHANDIGARH, CHANDIGARH. 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.