IFSC Code of Punjab and Sind Bank, Sggs College of Com Pitampura Delhi Branch, Delhi

This page lists the IFSC code, branch address, contact number and fund-transfer information for Punjab and Sind Bank, SGGS COLLEGE OF COM PITAMPURA DELHI branch in DELHI. The 11-digit IFSC PSIB0000894 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Punjab and Sind Bank at the SGGS COLLEGE OF COM PITAMPURA DELHI location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – SGGS COLLEGE OF COM PITAMPURA DELHI is PSIB0000894. The first four letters PSIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000894 map to this branch in DELHI, DELHI.

Bank profile

Punjab and Sind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Sggs College of Com Pitampura Delhi branch — IFSC PSIB0000894 — extends the bank's services to customers in and around Delhi, Delhi.

Branch details at a glance

About the Sggs College of Com Pitampura Delhi branch

The Sggs College of Com Pitampura Delhi branch of Punjab and Sind Bank is situated at SGGS COLLEGE OF COMMERCE PITAMPURA NEW DELHI 110088. 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 PSIB0000894 is used.

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 SGGS COLLEGE OF COM PITAMPURA DELHI branch came to be assigned the code PSIB0000894.

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 PSIB0000894, money simply cannot be routed to the SGGS COLLEGE OF COM PITAMPURA DELHI branch electronically.

Products and account variants supported

Every account opened at the Sggs College of Com Pitampura Delhi branch is mapped to IFSC PSIB0000894 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 PSIB0000894.

Products and services

Customers walking into the Sggs College of Com Pitampura 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 PSIB0000894

How to transfer money using IFSC PSIB0000894

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 PSIB0000894 across all three.

NEFT to Punjab and Sind Bank, SGGS COLLEGE OF COM PITAMPURA DELHI using IFSC PSIB0000894

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 PSIB0000894, and confirm that the system picks up Punjab and Sind Bank – SGGS COLLEGE OF COM PITAMPURA DELHI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SGGS COLLEGE OF COM PITAMPURA DELHI

If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's SGGS COLLEGE OF COM PITAMPURA DELHI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0000894 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 – SGGS COLLEGE OF COM PITAMPURA DELHI, use IMPS. With IFSC PSIB0000894 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 PSIB0000894 for Punjab and Sind Bank – SGGS COLLEGE OF COM PITAMPURA DELHI, 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 Sggs College of Com Pitampura Delhi 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 SGGS COLLEGE OF COM PITAMPURA DELHI branch, the IFSC PSIB0000894 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.

Online banking and IFSC PSIB0000894

Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the SGGS COLLEGE OF COM PITAMPURA 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 PSIB0000894 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 PSIB0000894 and the account number together uniquely identify the Sggs College of Com Pitampura 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 – SGGS COLLEGE OF COM PITAMPURA DELHI:

• The IFSC is exactly PSIB0000894 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 SGGS COLLEGE OF COM PITAMPURA 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.

Reaching the branch

The Sggs College of Com Pitampura Delhi branch sits at SGGS COLLEGE OF COMMERCE PITAMPURA NEW DELHI 110088. If you are travelling from outside Delhi, search for the branch on a maps application using the bank name and locality, or call 11-27322852 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 PSIB0000894 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PSIB0000894 for Punjab and Sind Bank – SGGS COLLEGE OF COM PITAMPURA DELHI, 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 Sggs College of Com Pitampura 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 PSIB0000894 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PSIB0000894 belongs to Punjab and Sind Bank's SGGS COLLEGE OF COM PITAMPURA DELHI branch, located at SGGS COLLEGE OF COMMERCE PITAMPURA NEW DELHI 110088 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.