IFSC Code of Punjab and Sind Bank, Deep Singh Wala Distt Faridkot Branch, Punjab

Below are the complete branch details for Punjab and Sind Bank, DEEP SINGH WALA DISTT FARIDKOT branch, located in FARIDKOT, PUNJAB. The IFSC assigned by the Reserve Bank of India to this branch is PSIB0021004. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case PSIB0021004 for Punjab and Sind Bank – DEEP SINGH WALA DISTT FARIDKOT — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 DEEP SINGH WALA DISTT FARIDKOT branch, the IFSC PSIB0021004 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 021004 identifies this particular branch.

Branch details at a glance

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 Deep Singh Wala Distt Faridkot branch in Faridkot, Punjab is part of this network and uses the IFSC code PSIB0021004 for all electronic settlement.

Deep Singh Wala Distt Faridkot branch overview

Located at VPO DEEP SINGH WALA DISTT FARIDKOT, DISTT. FARIDKOT, PUNJAB -, the Deep Singh Wala Distt Faridkot branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PSIB0021004 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 DEEP SINGH WALA DISTT FARIDKOT branch came to be assigned the code PSIB0021004.

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 PSIB0021004, money simply cannot be routed to the DEEP SINGH WALA DISTT FARIDKOT branch electronically.

How to transfer money using IFSC PSIB0021004

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 PSIB0021004 across all three.

NEFT to Punjab and Sind Bank, DEEP SINGH WALA DISTT FARIDKOT using IFSC PSIB0021004

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 PSIB0021004, and confirm that the system picks up Punjab and Sind Bank – DEEP SINGH WALA DISTT FARIDKOT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to DEEP SINGH WALA DISTT FARIDKOT

If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's DEEP SINGH WALA DISTT FARIDKOT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021004 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab and Sind Bank DEEP SINGH WALA DISTT FARIDKOT (IFSC PSIB0021004)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021004 in your mobile or internet banking app, and the money is credited to the DEEP SINGH WALA DISTT FARIDKOT branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Deep Singh Wala Distt Faridkot

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 PSIB0021004:

• 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 DEEP SINGH WALA DISTT FARIDKOT is still linked to IFSC PSIB0021004.

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.

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 DEEP SINGH WALA DISTT FARIDKOT branch, the IFSC PSIB0021004 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 Deep Singh Wala Distt Faridkot branch

Once you have an account at Punjab and Sind Bank – DEEP SINGH WALA DISTT FARIDKOT, the IFSC PSIB0021004 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.

Products and services

Customers walking into the Deep Singh Wala Distt Faridkot 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 PSIB0021004

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 PSIB0021004 and the account number together uniquely identify the Deep Singh Wala Distt Faridkot branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Deep Singh Wala Distt Faridkot 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 PSIB0021004 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.

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 – DEEP SINGH WALA DISTT FARIDKOT:

• The IFSC is exactly PSIB0021004 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 DEEP SINGH WALA DISTT FARIDKOT 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 Deep Singh Wala Distt Faridkot branch

The branch is located at VPO DEEP SINGH WALA DISTT FARIDKOT, DISTT. FARIDKOT, PUNJAB -, which puts it inside Faridkot, the broader Faridkot district, and the state of Punjab. To plan your visit:

1. Open Google Maps on your phone and search for “Punjab and Sind Bank Deep Singh Wala Distt Faridkot branch” — the verified location pin for IFSC PSIB0021004 should appear at the top of the results.
2. Confirm the branch is open by calling 1639-227310 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 PSIB0021004 and your account number.

Verifying IFSC PSIB0021004 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 PSIB0021004 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 1639-227310.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Deep Singh Wala Distt Faridkot 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 PSIB0021004 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PSIB0021004 belongs to Punjab and Sind Bank's DEEP SINGH WALA DISTT FARIDKOT branch, located at VPO DEEP SINGH WALA DISTT FARIDKOT, DISTT. FARIDKOT, PUNJAB - in FARIDKOT, 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.