Use this page as a one-stop reference for everything related to Punjab and Sind Bank's LAIPHAM SIPHAI branch in IMPHAL EAST II, MANIPUR. The branch's IFSC code PSIB0021091 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.
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, PSIB0021091 is the IFSC of Punjab and Sind Bank's LAIPHAM SIPHAI branch. The format is fixed: PSIB = bank code, 0 = reserved, 021091 = 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 Laipham Siphai branch in Imphal East Ii, Manipur is part of this network and uses the IFSC code PSIB0021091 for all electronic settlement.
About this branch
The branch is located at P O LAMLONG P S POROMPAT BLOCK SAWOMBUNG DISTT IMPHAL EAST MANIPUR. It serves the Imphal East Ii 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 PSIB0021091 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Laipham Siphai |
| IFSC Code | PSIB0021091 |
| MICR Code | Refer to cheque leaf |
| Branch Address | P O LAMLONG P S POROMPAT BLOCK SAWOMBUNG DISTT IMPHAL EAST MANIPUR |
| City | Imphal East Ii |
| District | Imphal East |
| State | Manipur |
| STD Code | 370 |
| Phone | 2242316 |
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 LAIPHAM SIPHAI of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0021091 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 PSIB0021091 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 PSIB0021091 and the account number together uniquely identify the Laipham Siphai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC PSIB0021091
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 PSIB0021091 across all three.
NEFT to Punjab and Sind Bank, LAIPHAM SIPHAI using IFSC PSIB0021091
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 PSIB0021091, and confirm that the system picks up Punjab and Sind Bank – LAIPHAM SIPHAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to LAIPHAM SIPHAI
If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's LAIPHAM SIPHAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021091 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 – LAIPHAM SIPHAI, use IMPS. With IFSC PSIB0021091 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 PSIB0021091 for Punjab and Sind Bank – LAIPHAM SIPHAI, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – PSIB0021091 | Yes – PSIB0021091 | Yes – PSIB0021091 |
For most retail customers crediting the Laipham Siphai 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 LAIPHAM SIPHAI branch, the IFSC PSIB0021091 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 Laipham Siphai branch
Once you have an account at Punjab and Sind Bank – LAIPHAM SIPHAI, the IFSC PSIB0021091 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.
Banking services available
The Laipham Siphai branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 370-2242316.
- 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 PSIB0021091
Online banking and IFSC PSIB0021091
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the LAIPHAM SIPHAI 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 PSIB0021091 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.
Reaching the branch
The Laipham Siphai branch sits at P O LAMLONG P S POROMPAT BLOCK SAWOMBUNG DISTT IMPHAL EAST MANIPUR. If you are travelling from outside Imphal East Ii, search for the branch on a maps application using the bank name and locality, or call 370-2242316 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 PSIB0021091 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 – LAIPHAM SIPHAI:
- The IFSC is exactly PSIB0021091 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 LAIPHAM SIPHAI 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.
Working hours
Branch counters at Laipham Siphai 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 PSIB0021091 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PSIB0021091 for Punjab and Sind Bank – LAIPHAM SIPHAI, 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 BankLaipham Siphai Branch
P O LAMLONG P S POROMPAT BLOCK SAWOMBUNG DISTT IMPHAL EAST MANIPUR
Imphal East Ii, Manipur
Phone: 370-2242316
IFSC: PSIB0021091
Frequently asked questions
How quickly will an NEFT transfer using PSIB0021091 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Laipham Siphai reflect within 30 minutes.
Where is Punjab and Sind Bank Laipham Siphai branch located?
Punjab and Sind Bank's Laipham Siphai branch is located at P O LAMLONG P S POROMPAT BLOCK SAWOMBUNG DISTT IMPHAL EAST MANIPUR, Imphal East Ii, Manipur.
Can I use IFSC PSIB0021091 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021091 to send funds instantly.
Is IFSC PSIB0021091 the same for all accounts at Laipham Siphai branch?
Yes. The IFSC PSIB0021091 is shared by every account held at Punjab and Sind Bank's Laipham Siphai branch. Only the account number changes from customer to customer.
Does Punjab and Sind Bank Laipham Siphai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 370-2242316 to confirm.
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 Laipham Siphai branch but serve different purposes.
Summary
The IFSC code PSIB0021091 belongs to Punjab and Sind Bank's LAIPHAM SIPHAI branch, located at P O LAMLONG P S POROMPAT BLOCK SAWOMBUNG DISTT IMPHAL EAST MANIPUR in IMPHAL EAST II, MANIPUR. 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.
