IFSC Code of Punjab and Sind Bank, Khalsa Ss School Lajpat Nagar Delhi Branch, Delhi

Use this page as a one-stop reference for everything related to Punjab and Sind Bank's KHALSA SS SCHOOL LAJPAT NAGAR DELHI branch in DELHI, DELHI. The branch's IFSC code PSIB0000806 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.

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 KHALSA SS SCHOOL LAJPAT NAGAR DELHI branch, the IFSC PSIB0000806 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 000806 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 Khalsa Ss School Lajpat Nagar Delhi branch in Delhi, Delhi is part of this network and uses the IFSC code PSIB0000806 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at KHALSA SR SEC SCHOOL AMAR COLONY LAZPAT NAGAR NEW DELHI 110024. It serves the Delhi 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 PSIB0000806 is used to identify this branch on the RBI payments network.

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 KHALSA SS SCHOOL LAJPAT NAGAR DELHI branch came to be assigned the code PSIB0000806.

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 PSIB0000806, money simply cannot be routed to the KHALSA SS SCHOOL LAJPAT NAGAR DELHI branch electronically.

Products and account variants supported

Every account opened at the Khalsa Ss School Lajpat Nagar Delhi branch is mapped to IFSC PSIB0000806 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 PSIB0000806.

Products and services

Customers walking into the Khalsa Ss School Lajpat Nagar Delhi 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 PSIB0000806

How to transfer money using IFSC PSIB0000806

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 PSIB0000806 across all three.

NEFT to Punjab and Sind Bank, KHALSA SS SCHOOL LAJPAT NAGAR DELHI using IFSC PSIB0000806

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 PSIB0000806, and confirm that the system picks up Punjab and Sind Bank – KHALSA SS SCHOOL LAJPAT NAGAR DELHI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC PSIB0000806

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 – KHALSA SS SCHOOL LAJPAT NAGAR DELHI, ensure your bank's portal accepts IFSC PSIB0000806 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Punjab and Sind Bank – KHALSA SS SCHOOL LAJPAT NAGAR DELHI, use IMPS. With IFSC PSIB0000806 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Khalsa Ss School Lajpat Nagar Delhi

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 PSIB0000806:

• 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 KHALSA SS SCHOOL LAJPAT NAGAR DELHI is still linked to IFSC PSIB0000806.

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 PSIB0000806

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 – KHALSA SS SCHOOL LAJPAT NAGAR DELHI is still mapped to IFSC PSIB0000806. 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 PSIB0000806 and the beneficiary's account number to complete the transfer.

Online banking and IFSC PSIB0000806

Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the KHALSA SS SCHOOL LAJPAT NAGAR DELHI 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 PSIB0000806 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 PSIB0000806 and the account number together uniquely identify the Khalsa Ss School Lajpat Nagar Delhi 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 – KHALSA SS SCHOOL LAJPAT NAGAR DELHI:

• The IFSC is exactly PSIB0000806 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 KHALSA SS SCHOOL LAJPAT NAGAR DELHI 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 Khalsa Ss School Lajpat Nagar Delhi branch

The branch is located at KHALSA SR SEC SCHOOL AMAR COLONY LAZPAT NAGAR NEW DELHI 110024, 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 Khalsa Ss School Lajpat Nagar Delhi branch” — the verified location pin for IFSC PSIB0000806 should appear at the top of the results.
2. Confirm the branch is open by calling 91-26218662 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 PSIB0000806 and your account number.

Verifying IFSC PSIB0000806 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 PSIB0000806 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-26218662.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Khalsa Ss School Lajpat Nagar Delhi 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 PSIB0000806 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PSIB0000806 belongs to Punjab and Sind Bank's KHALSA SS SCHOOL LAJPAT NAGAR DELHI branch, located at KHALSA SR SEC SCHOOL AMAR COLONY LAZPAT NAGAR NEW DELHI 110024 in DELHI, DELHI. 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.