Below are the complete branch details for Punjab and Sind Bank, BHITTIWALA branch, located in MALOUT, PUNJAB. The IFSC assigned by the Reserve Bank of India to this branch is PSIB0021265. 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 PSIB0021265 for Punjab and Sind Bank – BHITTIWALA — 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 BHITTIWALA branch, the IFSC PSIB0021265 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 021265 identifies this particular branch.
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 Bhittiwala branch in Malout, Punjab is part of this network and uses the IFSC code PSIB0021265 for all electronic settlement.
About this branch
The branch is located at VPO BHITIWALA TEHSIL MALOUT DISTT SHRI MUKHTSAR SAHIB 152113. It serves the Malout 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 PSIB0021265 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Bhittiwala |
| IFSC Code | PSIB0021265 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VPO BHITIWALA TEHSIL MALOUT DISTT SHRI MUKHTSAR SAHIB 152113 |
| City | Malout |
| District | Muktsar |
| State | Punjab |
| STD Code | 1637 |
| Phone | 245001 |
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 BHITTIWALA branch came to be assigned the code PSIB0021265.
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 PSIB0021265, money simply cannot be routed to the BHITTIWALA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Bhittiwala branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PSIB0021265 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC PSIB0021265
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 PSIB0021265 across all three.
NEFT to Punjab and Sind Bank, BHITTIWALA using IFSC PSIB0021265
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 PSIB0021265, and confirm that the system picks up Punjab and Sind Bank – BHITTIWALA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PSIB0021265
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 – BHITTIWALA, ensure your bank's portal accepts IFSC PSIB0021265 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab and Sind Bank BHITTIWALA (IFSC PSIB0021265)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021265 in your mobile or internet banking app, and the money is credited to the BHITTIWALA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PSIB0021265 for Punjab and Sind Bank – BHITTIWALA, 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 – PSIB0021265 | Yes – PSIB0021265 | Yes – PSIB0021265 |
For most retail customers crediting the Bhittiwala 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.
UPI payments and IFSC PSIB0021265
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 – BHITTIWALA is still mapped to IFSC PSIB0021265. 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 PSIB0021265 and the beneficiary's account number to complete the transfer.
Account types you can open at the Bhittiwala branch
Once you have an account at Punjab and Sind Bank – BHITTIWALA, the IFSC PSIB0021265 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 Bhittiwala branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1637-245001.
- 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 PSIB0021265
Digital banking channels
Most day-to-day work that customers used to do at the Bhittiwala 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 PSIB0021265 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.
How to reach the Bhittiwala branch
The branch is located at VPO BHITIWALA TEHSIL MALOUT DISTT SHRI MUKHTSAR SAHIB 152113, which puts it inside Malout, the broader Muktsar district, and the state of Punjab. To plan your visit:
- Open Google Maps on your phone and search for “Punjab and Sind Bank Bhittiwala branch” — the verified location pin for IFSC PSIB0021265 should appear at the top of the results.
- Confirm the branch is open by calling 1637-245001 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 PSIB0021265 and your account number.
Common mistakes to avoid when using IFSC PSIB0021265
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 – BHITTIWALA, 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:
PSIB0021265. - 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.
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 Bhittiwala branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0021265, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PSIB0021265 for Punjab and Sind Bank – BHITTIWALA, 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 BankBhittiwala Branch
VPO BHITIWALA TEHSIL MALOUT DISTT SHRI MUKHTSAR SAHIB 152113
Malout, Punjab
Phone: 1637-245001
IFSC: PSIB0021265
Frequently asked questions
What is the IFSC code of Punjab and Sind Bank Bhittiwala branch?
The IFSC code of Punjab and Sind Bank, Bhittiwala branch is PSIB0021265. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Punjab and Sind Bank Bhittiwala branch located?
Punjab and Sind Bank's Bhittiwala branch is located at VPO BHITIWALA TEHSIL MALOUT DISTT SHRI MUKHTSAR SAHIB 152113, Malout, Punjab.
What is the phone number of Punjab and Sind Bank Bhittiwala branch?
You can reach the branch at 1637-245001 during regular banking hours.
Can I use IFSC PSIB0021265 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021265 to send funds instantly.
How quickly will an NEFT transfer using PSIB0021265 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Bhittiwala reflect within 30 minutes.
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 Bhittiwala branch but serve different purposes.
How do I add Punjab and Sind Bank Bhittiwala as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021265, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC PSIB0021265 the same for all accounts at Bhittiwala branch?
Yes. The IFSC PSIB0021265 is shared by every account held at Punjab and Sind Bank's Bhittiwala branch. Only the account number changes from customer to customer.
Final notes
To recap: PSIB0021265 is the IFSC code of Punjab and Sind Bank, BHITTIWALA branch, in MALOUT, PUNJAB. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
