Below are the complete branch details for Punjab and Sind Bank, MANESAR branch, located in MANESAR, HARYANA. The IFSC assigned by the Reserve Bank of India to this branch is PSIB0020980. 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 PSIB0020980 for Punjab and Sind Bank – MANESAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, PSIB0020980 is the IFSC of Punjab and Sind Bank's MANESAR branch. The format is fixed: PSIB = bank code, 0 = reserved, 020980 = branch identifier.
Bank profile
Punjab and Sind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Manesar branch — IFSC PSIB0020980 — extends the bank's services to customers in and around Manesar, Haryana.
About this branch
The branch is located at MANESAR SHOP NO 4 5 ANNAT RAJ TECHNICAL PARK CP 1 SEC 8 IMT MANESAR DISTT GURGAON HARYANA. It serves the Manesar 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 PSIB0020980 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Manesar |
| IFSC Code | PSIB0020980 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MANESAR SHOP NO 4 5 ANNAT RAJ TECHNICAL PARK CP 1 SEC 8 IMT MANESAR DISTT GURGAON HARYANA |
| City | Manesar |
| District | Gurgaon |
| State | Haryana |
| STD Code | 124 |
| Phone | 2290023 |
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 MANESAR branch came to be assigned the code PSIB0020980.
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 PSIB0020980, money simply cannot be routed to the MANESAR branch electronically.
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 PSIB0020980 and the account number together uniquely identify the Manesar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC PSIB0020980
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 PSIB0020980 across all three.
NEFT to Punjab and Sind Bank, MANESAR using IFSC PSIB0020980
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 PSIB0020980, and confirm that the system picks up Punjab and Sind Bank – MANESAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PSIB0020980
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 – MANESAR, ensure your bank's portal accepts IFSC PSIB0020980 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 – MANESAR, use IMPS. With IFSC PSIB0020980 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 PSIB0020980 for Punjab and Sind Bank – MANESAR, 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 – PSIB0020980 | Yes – PSIB0020980 | Yes – PSIB0020980 |
For most retail customers crediting the Manesar 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 PSIB0020980
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 – MANESAR is still mapped to IFSC PSIB0020980. 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 PSIB0020980 and the beneficiary's account number to complete the transfer.
Account types you can open at the Manesar branch
Once you have an account at Punjab and Sind Bank – MANESAR, the IFSC PSIB0020980 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 Manesar 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 PSIB0020980
Online banking and IFSC PSIB0020980
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the MANESAR 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 PSIB0020980 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 Manesar branch sits at MANESAR SHOP NO 4 5 ANNAT RAJ TECHNICAL PARK CP 1 SEC 8 IMT MANESAR DISTT GURGAON HARYANA. If you are travelling from outside Manesar, search for the branch on a maps application using the bank name and locality, or call 124-2290023 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 PSIB0020980 and your account number.
Common mistakes to avoid when using IFSC PSIB0020980
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 – MANESAR, 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:
PSIB0020980. - 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 Manesar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0020980, however, work 24x7.
Verifying IFSC PSIB0020980 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 PSIB0020980 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 124-2290023.
- Visiting the bank's official branch locator page.
Branch address & contact
Punjab and Sind BankManesar Branch
MANESAR SHOP NO 4 5 ANNAT RAJ TECHNICAL PARK CP 1 SEC 8 IMT MANESAR DISTT GURGAON HARYANA
Manesar, Haryana
Phone: 124-2290023
IFSC: PSIB0020980
Frequently asked questions
How quickly will an NEFT transfer using PSIB0020980 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Manesar reflect within 30 minutes.
Where is Punjab and Sind Bank Manesar branch located?
Punjab and Sind Bank's Manesar branch is located at MANESAR SHOP NO 4 5 ANNAT RAJ TECHNICAL PARK CP 1 SEC 8 IMT MANESAR DISTT GURGAON HARYANA, Manesar, Haryana.
How do I add Punjab and Sind Bank Manesar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0020980, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC PSIB0020980 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0020980 to send funds instantly.
What is the IFSC code of Punjab and Sind Bank Manesar branch?
The IFSC code of Punjab and Sind Bank, Manesar branch is PSIB0020980. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC PSIB0020980 valid for NEFT and RTGS?
Yes. IFSC PSIB0020980 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC PSIB0020980 the same for all accounts at Manesar branch?
Yes. The IFSC PSIB0020980 is shared by every account held at Punjab and Sind Bank's Manesar 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 Manesar branch but serve different purposes.
Summary
The IFSC code PSIB0020980 belongs to Punjab and Sind Bank's MANESAR branch, located at MANESAR SHOP NO 4 5 ANNAT RAJ TECHNICAL PARK CP 1 SEC 8 IMT MANESAR DISTT… in MANESAR, HARYANA. 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.
