Use this page as a one-stop reference for everything related to Punjab and Sind Bank's LACHHIMPUR branch in KATIHAR, BIHAR. The branch's IFSC code PSIB0021075 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 LACHHIMPUR branch, the IFSC PSIB0021075 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 021075 identifies this particular branch.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Lachhimpur |
| IFSC Code | PSIB0021075 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SRIGURU TEGH BAHADUR ATIHASIK GURUDWARA VIA P O GURU B DISTT KATIHAR BIHAR |
| City | Katihar |
| District | Katihar |
| State | Bihar |
| STD Code | 621 |
| Phone | 2245140 |
About Punjab and Sind Bank
Punjab and Sind Bank operates a wide network of branches across India, including the Lachhimpur branch in Katihar. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, PSIB0021075.
About the Lachhimpur branch
The Lachhimpur branch of Punjab and Sind Bank is situated at SRIGURU TEGH BAHADUR ATIHASIK GURUDWARA VIA P O GURU B DISTT KATIHAR BIHAR. 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 PSIB0021075 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 LACHHIMPUR branch came to be assigned the code PSIB0021075.
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 PSIB0021075, money simply cannot be routed to the LACHHIMPUR branch electronically.
How to transfer money using IFSC PSIB0021075
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 PSIB0021075 across all three.
NEFT to Punjab and Sind Bank, LACHHIMPUR using IFSC PSIB0021075
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 PSIB0021075, and confirm that the system picks up Punjab and Sind Bank – LACHHIMPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PSIB0021075
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 – LACHHIMPUR, ensure your bank's portal accepts IFSC PSIB0021075 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 – LACHHIMPUR, use IMPS. With IFSC PSIB0021075 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 Lachhimpur
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 PSIB0021075:
- 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 LACHHIMPUR is still linked to IFSC PSIB0021075.
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 LACHHIMPUR branch, the IFSC PSIB0021075 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.
Products and account variants supported
Every account opened at the Lachhimpur branch is mapped to IFSC PSIB0021075 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 PSIB0021075.
Banking services available
The Lachhimpur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 621-2245140.
- 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 PSIB0021075
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 PSIB0021075 and the account number together uniquely identify the Lachhimpur 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 Lachhimpur 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 PSIB0021075 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.
Common mistakes to avoid when using IFSC PSIB0021075
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Punjab and Sind Bank – LACHHIMPUR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
PSIB0021075. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Lachhimpur branch
The branch is located at SRIGURU TEGH BAHADUR ATIHASIK GURUDWARA VIA P O GURU B DISTT KATIHAR BIHAR, which puts it inside Katihar, the broader Katihar district, and the state of Bihar. To plan your visit:
- Open Google Maps on your phone and search for “Punjab and Sind Bank Lachhimpur branch” — the verified location pin for IFSC PSIB0021075 should appear at the top of the results.
- Confirm the branch is open by calling 621-2245140 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 PSIB0021075 and your account number.
Verifying IFSC PSIB0021075 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 PSIB0021075 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 621-2245140.
- Visiting the bank's official branch locator page.
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 Lachhimpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0021075, however, work 24x7.
Branch address & contact
Punjab and Sind BankLachhimpur Branch
SRIGURU TEGH BAHADUR ATIHASIK GURUDWARA VIA P O GURU B DISTT KATIHAR BIHAR
Katihar, Bihar
Phone: 621-2245140
IFSC: PSIB0021075
Frequently asked questions
Does Punjab and Sind Bank Lachhimpur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 621-2245140 to confirm.
How quickly will an NEFT transfer using PSIB0021075 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Lachhimpur reflect within 30 minutes.
Is IFSC PSIB0021075 valid for NEFT and RTGS?
Yes. IFSC PSIB0021075 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC PSIB0021075 the same for all accounts at Lachhimpur branch?
Yes. The IFSC PSIB0021075 is shared by every account held at Punjab and Sind Bank's Lachhimpur branch. Only the account number changes from customer to customer.
What is the IFSC code of Punjab and Sind Bank Lachhimpur branch?
The IFSC code of Punjab and Sind Bank, Lachhimpur branch is PSIB0021075. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
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 Lachhimpur branch but serve different purposes.
How do I add Punjab and Sind Bank Lachhimpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021075, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code PSIB0021075 belongs to Punjab and Sind Bank's LACHHIMPUR branch, located at SRIGURU TEGH BAHADUR ATIHASIK GURUDWARA VIA P O GURU B DISTT KATIHAR BIHAR in KATIHAR, BIHAR. 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.
