IFSC Code of Punjab and Sind Bank, Delhi Chandni Chowk Branch, Delhi

Use this page as a one-stop reference for everything related to Punjab and Sind Bank's DELHI CHANDNI CHOWK branch in DELHI, DELHI. The branch's IFSC code PSIB0000007 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 – DELHI CHANDNI CHOWK is PSIB0000007. The first four letters PSIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000007 map to this branch in DELHI, DELHI.

About Punjab and Sind Bank

Punjab and Sind Bank operates a wide network of branches across India, including the Delhi Chandni Chowk branch in Delhi. 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, PSIB0000007.

Branch details at a glance

Delhi Chandni Chowk branch overview

Located at FOUNTAIN CHANDNI CHOWK DELHI-110006, the Delhi Chandni Chowk branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PSIB0000007 is required for all interbank electronic transfers routed through this branch.

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 DELHI CHANDNI CHOWK branch came to be assigned the code PSIB0000007.

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 PSIB0000007, money simply cannot be routed to the DELHI CHANDNI CHOWK branch electronically.

Products and account variants supported

Every account opened at the Delhi Chandni Chowk branch is mapped to IFSC PSIB0000007 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 PSIB0000007.

Products and services

Customers walking into the Delhi Chandni Chowk 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 PSIB0000007

How to transfer money using IFSC PSIB0000007

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 PSIB0000007 across all three.

NEFT to Punjab and Sind Bank, DELHI CHANDNI CHOWK using IFSC PSIB0000007

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 PSIB0000007, and confirm that the system picks up Punjab and Sind Bank – DELHI CHANDNI CHOWK. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to DELHI CHANDNI CHOWK

If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's DELHI CHANDNI CHOWK branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0000007 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab and Sind Bank DELHI CHANDNI CHOWK (IFSC PSIB0000007)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0000007 in your mobile or internet banking app, and the money is credited to the DELHI CHANDNI CHOWK branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Delhi Chandni Chowk

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC PSIB0000007:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at DELHI CHANDNI CHOWK is still linked to IFSC PSIB0000007.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC PSIB0000007

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 – DELHI CHANDNI CHOWK is still mapped to IFSC PSIB0000007. 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 PSIB0000007 and the beneficiary's account number to complete the transfer.

Online banking and IFSC PSIB0000007

Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the DELHI CHANDNI CHOWK 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 PSIB0000007 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 PSIB0000007 and the account number together uniquely identify the Delhi Chandni Chowk 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 – DELHI CHANDNI CHOWK:

• The IFSC is exactly PSIB0000007 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 DELHI CHANDNI CHOWK 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.

How to reach the Delhi Chandni Chowk branch

The branch is located at FOUNTAIN CHANDNI CHOWK DELHI-110006, which puts it inside Delhi, the broader Delhi district, and the state of Delhi. To plan your visit:

1. Open Google Maps on your phone and search for “Punjab and Sind Bank Delhi Chandni Chowk branch” — the verified location pin for IFSC PSIB0000007 should appear at the top of the results.
2. Confirm the branch is open by calling 11-23862751 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC PSIB0000007 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PSIB0000007 for Punjab and Sind Bank – DELHI CHANDNI CHOWK, 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 Delhi Chandni Chowk 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 PSIB0000007 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: PSIB0000007 is the IFSC code of Punjab and Sind Bank, DELHI CHANDNI CHOWK branch, in DELHI, DELHI. 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.