Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Punjab and Sind Bank, Dehradun Madhuban Hotel Branch, Uttarakhand

    IFSC code PSIB0000374 - Punjab and Sind Bank, Dehradun Madhuban Hotel Branch, Dehradun, Uttarakhand. Use it for NEFT, RTGS and IMPS transfers.

    If you are searching for the IFSC code of Punjab and Sind Bank, DEHRADUN MADHUBAN HOTEL branch in DEHRADUN, UTTARAKHAND, this page has every detail you need. The verified IFSC code for this branch is PSIB0000374. 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 DEHRADUN MADHUBAN HOTEL branch, and detailed step-by-step guides for using the IFSC PSIB0000374 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.

    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, PSIB0000374 is the IFSC of Punjab and Sind Bank's DEHRADUN MADHUBAN HOTEL branch. The format is fixed: PSIB = bank code, 0 = reserved, 000374 = branch identifier.

    About Punjab and Sind Bank

    Punjab and Sind Bank operates a wide network of branches across India, including the Dehradun Madhuban Hotel branch in Dehradun. 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, PSIB0000374.

    Branch details at a glance

    Bank NamePunjab and Sind Bank
    BranchDehradun Madhuban Hotel
    IFSC CodePSIB0000374
    MICR CodeRefer to cheque leaf
    Branch Address97 RAJPUR ROAD HOTEL MADHUBAN DEHRADUN UTTARANCHAL 248009
    CityDehradun
    DistrictDehra Dun
    StateUttarakhand
    STD Code135
    Phone2747962

    About this branch

    The branch is located at 97 RAJPUR ROAD HOTEL MADHUBAN DEHRADUN UTTARANCHAL 248009. It serves the Dehradun 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 PSIB0000374 is used to identify this branch on the RBI payments network.

    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 DEHRADUN MADHUBAN HOTEL of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0000374 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 PSIB0000374 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 Dehradun Madhuban Hotel branch is mapped to IFSC PSIB0000374 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 PSIB0000374.

    Banking services available

    The Dehradun Madhuban Hotel branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 135-2747962.

    • 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 PSIB0000374

    How to transfer money using IFSC PSIB0000374

    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 PSIB0000374 across all three.

    How to use IFSC PSIB0000374 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab and Sind Bank's DEHRADUN MADHUBAN HOTEL 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 PSIB0000374.
    4. Confirm the bank name auto-populates as Punjab and Sind Bank and the branch as DEHRADUN MADHUBAN HOTEL.
    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 DEHRADUN MADHUBAN HOTEL

    If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's DEHRADUN MADHUBAN HOTEL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0000374 while initiating the transfer and the credit will appear within minutes.

    Send money instantly through IMPS

    For a real-time, anytime transfer to Punjab and Sind Bank – DEHRADUN MADHUBAN HOTEL, use IMPS. With IFSC PSIB0000374 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

    All three modes accept the IFSC PSIB0000374 for Punjab and Sind Bank – DEHRADUN MADHUBAN HOTEL, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – PSIB0000374Yes – PSIB0000374Yes – PSIB0000374

    For most retail customers crediting the Dehradun Madhuban Hotel 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 DEHRADUN MADHUBAN HOTEL branch, the IFSC PSIB0000374 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.

    Digital banking channels

    Most day-to-day work that customers used to do at the Dehradun Madhuban Hotel 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 PSIB0000374 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.

    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 PSIB0000374 and the account number together uniquely identify the Dehradun Madhuban Hotel 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 – DEHRADUN MADHUBAN HOTEL:

    • The IFSC is exactly PSIB0000374 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 DEHRADUN MADHUBAN HOTEL 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 Dehradun Madhuban Hotel branch sits at 97 RAJPUR ROAD HOTEL MADHUBAN DEHRADUN UTTARANCHAL 248009. If you are travelling from outside Dehradun, search for the branch on a maps application using the bank name and locality, or call 135-2747962 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 PSIB0000374 and your account number.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC PSIB0000374 for Punjab and Sind Bank – DEHRADUN MADHUBAN HOTEL, 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.

    Working hours

    Branch counters at Dehradun Madhuban Hotel 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 PSIB0000374 continue to work without interruption.

    Branch address & contact

    Punjab and Sind Bank
    Dehradun Madhuban Hotel Branch
    97 RAJPUR ROAD HOTEL MADHUBAN DEHRADUN UTTARANCHAL 248009
    Dehradun, Uttarakhand
    Phone: 135-2747962
    IFSC: PSIB0000374

    Frequently asked questions

    What is the IFSC code of Punjab and Sind Bank Dehradun Madhuban Hotel branch?

    The IFSC code of Punjab and Sind Bank, Dehradun Madhuban Hotel branch is PSIB0000374. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    How do I add Punjab and Sind Bank Dehradun Madhuban Hotel as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0000374, and complete OTP verification. Once activated, you can transfer funds at any time.

    Where is Punjab and Sind Bank Dehradun Madhuban Hotel branch located?

    Punjab and Sind Bank's Dehradun Madhuban Hotel branch is located at 97 RAJPUR ROAD HOTEL MADHUBAN DEHRADUN UTTARANCHAL 248009, Dehradun, Uttarakhand.

    Does Punjab and Sind Bank Dehradun Madhuban Hotel branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 135-2747962 to confirm.

    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 Dehradun Madhuban Hotel branch but serve different purposes.

    Is IFSC PSIB0000374 the same for all accounts at Dehradun Madhuban Hotel branch?

    Yes. The IFSC PSIB0000374 is shared by every account held at Punjab and Sind Bank's Dehradun Madhuban Hotel branch. Only the account number changes from customer to customer.

    How quickly will an NEFT transfer using PSIB0000374 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Dehradun Madhuban Hotel reflect within 30 minutes.

    Summary

    The IFSC code PSIB0000374 belongs to Punjab and Sind Bank's DEHRADUN MADHUBAN HOTEL branch, located at 97 RAJPUR ROAD HOTEL MADHUBAN DEHRADUN UTTARANCHAL 248009 in DEHRADUN, UTTARAKHAND. 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.

    keyboard_arrow_up