IFSC Code of Punjab and Sind Bank, Dav Public Sch Cuttack Branch, Odisha

If you are searching for the IFSC code of Punjab and Sind Bank, DAV PUBLIC SCH CUTTACK branch in CUTTACK, ODISHA, this page has every detail you need. The verified IFSC code for this branch is PSIB0000788. 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 DAV PUBLIC SCH CUTTACK branch, and detailed step-by-step guides for using the IFSC PSIB0000788 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.

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 – DAV PUBLIC SCH CUTTACK is PSIB0000788. The first four letters PSIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000788 map to this branch in CUTTACK, ODISHA.

Bank profile

Punjab and Sind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Dav Public Sch Cuttack branch — IFSC PSIB0000788 — extends the bank's services to customers in and around Cuttack, Odisha.

Branch details at a glance

About the Dav Public Sch Cuttack branch

The Dav Public Sch Cuttack branch of Punjab and Sind Bank is situated at CUTTACK DAV PUBLIC SCHOOL SECTOR 6 ORISSA 753014. 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 PSIB0000788 is used.

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 DAV PUBLIC SCH CUTTACK of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0000788 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 PSIB0000788 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Dav Public Sch Cuttack branch

Once you have an account at Punjab and Sind Bank – DAV PUBLIC SCH CUTTACK, the IFSC PSIB0000788 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.

Products and services

Customers walking into the Dav Public Sch Cuttack branch can access most of Punjab and Sind Bank'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 PSIB0000788

How to transfer money using IFSC PSIB0000788

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 PSIB0000788 across all three.

How to use IFSC PSIB0000788 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab and Sind Bank's DAV PUBLIC SCH CUTTACK 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 PSIB0000788.
4. Confirm the bank name auto-populates as Punjab and Sind Bank and the branch as DAV PUBLIC SCH CUTTACK.
5. 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 DAV PUBLIC SCH CUTTACK

If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's DAV PUBLIC SCH CUTTACK branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0000788 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab and Sind Bank DAV PUBLIC SCH CUTTACK (IFSC PSIB0000788)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0000788 in your mobile or internet banking app, and the money is credited to the DAV PUBLIC SCH CUTTACK branch account within seconds.

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

All three modes accept the IFSC PSIB0000788 for Punjab and Sind Bank – DAV PUBLIC SCH CUTTACK, 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 Dav Public Sch Cuttack 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 PSIB0000788

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 – DAV PUBLIC SCH CUTTACK is still mapped to IFSC PSIB0000788. 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 PSIB0000788 and the beneficiary's account number to complete the transfer.

Online banking and IFSC PSIB0000788

Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the DAV PUBLIC SCH CUTTACK 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 PSIB0000788 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 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 PSIB0000788 and the account number together uniquely identify the Dav Public Sch Cuttack branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – DAV PUBLIC SCH CUTTACK:

• The IFSC is exactly PSIB0000788 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 DAV PUBLIC SCH CUTTACK 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.

Reaching the branch

The Dav Public Sch Cuttack branch sits at CUTTACK DAV PUBLIC SCHOOL SECTOR 6 ORISSA 753014. If you are travelling from outside Cuttack, search for the branch on a maps application using the bank name and locality, or call 671-2505779 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 PSIB0000788 and your account number.

Verifying IFSC PSIB0000788 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 PSIB0000788 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 671-2505779.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Dav Public Sch Cuttack branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0000788, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PSIB0000788 belongs to Punjab and Sind Bank's DAV PUBLIC SCH CUTTACK branch, located at CUTTACK DAV PUBLIC SCHOOL SECTOR 6 ORISSA 753014 in CUTTACK, ODISHA. 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.