Use this page as a one-stop reference for everything related to Punjab and Sind Bank's DAKALA branch in DAKALA, PUNJAB. The branch's IFSC code PSIB0021319 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 – DAKALA is PSIB0021319. The first four letters PSIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 021319 map to this branch in DAKALA, PUNJAB.
About Punjab and Sind Bank
Punjab and Sind Bank operates a wide network of branches across India, including the Dakala branch in Dakala. 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, PSIB0021319.
About the Dakala branch
The Dakala branch of Punjab and Sind Bank is situated at OPPOSITE ANAJ MANDI GATE VILLAGE DAKALA POST OFFICE DAKALA DISTT PATIALA 147001 PUNJAB. 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 PSIB0021319 is used.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Dakala |
| IFSC Code | PSIB0021319 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OPPOSITE ANAJ MANDI GATE VILLAGE DAKALA POST OFFICE DAKALA DISTT PATIALA 147001 PUNJAB |
| City | Dakala |
| District | Patiala |
| State | Punjab |
| STD Code | 175 |
| Phone | 2230036 |
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 DAKALA of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0021319 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 PSIB0021319 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 Dakala branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PSIB0021319 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 PSIB0021319
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 PSIB0021319 across all three.
NEFT to Punjab and Sind Bank, DAKALA using IFSC PSIB0021319
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 PSIB0021319, and confirm that the system picks up Punjab and Sind Bank – DAKALA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PSIB0021319
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 – DAKALA, ensure your bank's portal accepts IFSC PSIB0021319 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab and Sind Bank DAKALA (IFSC PSIB0021319)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021319 in your mobile or internet banking app, and the money is credited to the DAKALA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PSIB0021319 for Punjab and Sind Bank – DAKALA, 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 – PSIB0021319 | Yes – PSIB0021319 | Yes – PSIB0021319 |
For most retail customers crediting the Dakala 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Punjab and Sind Bank's DAKALA branch, the IFSC PSIB0021319 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Dakala branch
Once you have an account at Punjab and Sind Bank – DAKALA, the IFSC PSIB0021319 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 Dakala branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 175-2230036.
- 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 PSIB0021319
Digital banking channels
Most day-to-day work that customers used to do at the Dakala 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 PSIB0021319 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 Dakala branch sits at OPPOSITE ANAJ MANDI GATE VILLAGE DAKALA POST OFFICE DAKALA DISTT PATIALA 147001 PUNJAB. If you are travelling from outside Dakala, search for the branch on a maps application using the bank name and locality, or call 175-2230036 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 PSIB0021319 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 – DAKALA:
- The IFSC is exactly PSIB0021319 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 DAKALA 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 Dakala 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 PSIB0021319 continue to work without interruption.
Verifying IFSC PSIB0021319 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 PSIB0021319 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 175-2230036.
- Visiting the bank's official branch locator page.
Branch address & contact
Punjab and Sind BankDakala Branch
OPPOSITE ANAJ MANDI GATE VILLAGE DAKALA POST OFFICE DAKALA DISTT PATIALA 147001 PUNJAB
Dakala, Punjab
Phone: 175-2230036
IFSC: PSIB0021319
Frequently asked questions
Can I use IFSC PSIB0021319 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021319 to send funds instantly.
Does Punjab and Sind Bank Dakala branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 175-2230036 to confirm.
Is IFSC PSIB0021319 valid for NEFT and RTGS?
Yes. IFSC PSIB0021319 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Punjab and Sind Bank Dakala branch located?
Punjab and Sind Bank's Dakala branch is located at OPPOSITE ANAJ MANDI GATE VILLAGE DAKALA POST OFFICE DAKALA DISTT PATIALA 147001 PUNJAB, Dakala, Punjab.
How quickly will an NEFT transfer using PSIB0021319 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Dakala reflect within 30 minutes.
What is the phone number of Punjab and Sind Bank Dakala branch?
You can reach the branch at 175-2230036 during regular banking hours.
Summary
The IFSC code PSIB0021319 belongs to Punjab and Sind Bank's DAKALA branch, located at OPPOSITE ANAJ MANDI GATE VILLAGE DAKALA POST OFFICE DAKALA DISTT PATIALA… in DAKALA, 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.
