If you are searching for the IFSC code of Punjab and Sind Bank, GAJRAULA branch in GAJRAULA, UTTAR PRADESH, this page has every detail you need. The verified IFSC code for this branch is PSIB0021016. 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 GAJRAULA branch, and detailed step-by-step guides for using the IFSC PSIB0021016 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, PSIB0021016 is the IFSC of Punjab and Sind Bank's GAJRAULA branch. The format is fixed: PSIB = bank code, 0 = reserved, 021016 = branch identifier.
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 Gajraula branch in Gajraula, Uttar Pradesh is part of this network and uses the IFSC code PSIB0021016 for all electronic settlement.
About the Gajraula branch
The Gajraula branch of Punjab and Sind Bank is situated at STATION ROAD OPPOSITE PWD GAJRAULA DISTT J P NAGAR UTTAR PRADESH 244235. 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 PSIB0021016 is used.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Gajraula |
| IFSC Code | PSIB0021016 |
| MICR Code | Refer to cheque leaf |
| Branch Address | STATION ROAD OPPOSITE PWD GAJRAULA DISTT J P NAGAR UTTAR PRADESH 244235 |
| City | Gajraula |
| District | Jyotiba Phule Nagar |
| State | Uttar Pradesh |
| STD Code | 91 |
| Phone | 254525 |
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 GAJRAULA of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0021016 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 PSIB0021016 the same way you would treat your account number — verify it once and save it carefully for future use.
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 PSIB0021016 and the account number together uniquely identify the Gajraula branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC PSIB0021016
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 PSIB0021016 across all three.
NEFT to Punjab and Sind Bank, GAJRAULA using IFSC PSIB0021016
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 PSIB0021016, and confirm that the system picks up Punjab and Sind Bank – GAJRAULA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PSIB0021016
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 – GAJRAULA, ensure your bank's portal accepts IFSC PSIB0021016 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab and Sind Bank GAJRAULA (IFSC PSIB0021016)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021016 in your mobile or internet banking app, and the money is credited to the GAJRAULA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Gajraula
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 PSIB0021016:
- 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 GAJRAULA is still linked to IFSC PSIB0021016.
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 PSIB0021016
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 – GAJRAULA is still mapped to IFSC PSIB0021016. 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 PSIB0021016 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Gajraula branch is mapped to IFSC PSIB0021016 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 PSIB0021016.
Banking services available
The Gajraula branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-254525.
- 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 PSIB0021016
Online banking and IFSC PSIB0021016
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the GAJRAULA 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 PSIB0021016 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.
How to reach the Gajraula branch
The branch is located at STATION ROAD OPPOSITE PWD GAJRAULA DISTT J P NAGAR UTTAR PRADESH 244235, which puts it inside Gajraula, the broader Jyotiba Phule Nagar district, and the state of Uttar Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Punjab and Sind Bank Gajraula branch” — the verified location pin for IFSC PSIB0021016 should appear at the top of the results.
- Confirm the branch is open by calling 91-254525 before stepping out, especially around public holidays.
- 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 PSIB0021016 and your account number.
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 – GAJRAULA:
- The IFSC is exactly PSIB0021016 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 GAJRAULA 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.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Gajraula branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0021016, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PSIB0021016 for Punjab and Sind Bank – GAJRAULA, 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.
Branch address & contact
Punjab and Sind BankGajraula Branch
STATION ROAD OPPOSITE PWD GAJRAULA DISTT J P NAGAR UTTAR PRADESH 244235
Gajraula, Uttar Pradesh
Phone: 91-254525
IFSC: PSIB0021016
Frequently asked questions
How do I add Punjab and Sind Bank Gajraula as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021016, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Punjab and Sind Bank Gajraula branch?
You can reach the branch at 91-254525 during regular banking hours.
Can I use IFSC PSIB0021016 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021016 to send funds instantly.
Does Punjab and Sind Bank Gajraula branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-254525 to confirm.
How quickly will an NEFT transfer using PSIB0021016 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Gajraula reflect within 30 minutes.
Is IFSC PSIB0021016 the same for all accounts at Gajraula branch?
Yes. The IFSC PSIB0021016 is shared by every account held at Punjab and Sind Bank's Gajraula branch. Only the account number changes from customer to customer.
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 Gajraula branch but serve different purposes.
What is the IFSC code of Punjab and Sind Bank Gajraula branch?
The IFSC code of Punjab and Sind Bank, Gajraula branch is PSIB0021016. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code PSIB0021016 belongs to Punjab and Sind Bank's GAJRAULA branch, located at STATION ROAD OPPOSITE PWD GAJRAULA DISTT J P NAGAR UTTAR PRADESH 244235 in GAJRAULA, UTTAR PRADESH. 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.
