IFSC Code of Punjab and Sind Bank, Nad Junction Visakhapatnam Branch, Andhra Pradesh

Use this page as a one-stop reference for everything related to Punjab and Sind Bank's NAD JUNCTION VISAKHAPATNAM branch in NAD JUNCTION VISAKHAPATNAM, ANDHRA PRADESH. The branch's IFSC code PSIB0021659 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.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Punjab and Sind Bank – NAD JUNCTION VISAKHAPATNAM is PSIB0021659. The first four letters PSIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 021659 map to this branch in NAD JUNCTION VISAKHAPATNAM, ANDHRA PRADESH.

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 Nad Junction Visakhapatnam branch in Nad Junction Visakhapatnam, Andhra Pradesh is part of this network and uses the IFSC code PSIB0021659 for all electronic settlement.

About this branch

The branch is located at GROUND FLORR, D.NO 37-12-13/1, FLAT NO 102&103, K.S.R.RK VAIBAV APT, NGGOS COLONY, VISAKHPATNAM, ANDHRA PRADESH. It serves the Nad Junction Visakhapatnam 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 PSIB0021659 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 NAD JUNCTION VISAKHAPATNAM branch came to be assigned the code PSIB0021659.

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 PSIB0021659, money simply cannot be routed to the NAD JUNCTION VISAKHAPATNAM branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Nad Junction Visakhapatnam branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PSIB0021659 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 PSIB0021659

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 PSIB0021659 across all three.

NEFT to Punjab and Sind Bank, NAD JUNCTION VISAKHAPATNAM using IFSC PSIB0021659

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 PSIB0021659, and confirm that the system picks up Punjab and Sind Bank – NAD JUNCTION VISAKHAPATNAM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to NAD JUNCTION VISAKHAPATNAM

If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's NAD JUNCTION VISAKHAPATNAM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021659 while initiating the transfer and the credit will appear within minutes.

IMPS to Punjab and Sind Bank NAD JUNCTION VISAKHAPATNAM (IFSC PSIB0021659)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021659 in your mobile or internet banking app, and the money is credited to the NAD JUNCTION VISAKHAPATNAM branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Nad Junction Visakhapatnam

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 PSIB0021659:

• 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 NAD JUNCTION VISAKHAPATNAM is still linked to IFSC PSIB0021659.

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 PSIB0021659

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 – NAD JUNCTION VISAKHAPATNAM is still mapped to IFSC PSIB0021659. 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 PSIB0021659 and the beneficiary's account number to complete the transfer.

Account types you can open at the Nad Junction Visakhapatnam branch

Once you have an account at Punjab and Sind Bank – NAD JUNCTION VISAKHAPATNAM, the IFSC PSIB0021659 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 Nad Junction Visakhapatnam branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 28-9004134592.

• 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 PSIB0021659

Digital banking channels

Most day-to-day work that customers used to do at the Nad Junction Visakhapatnam 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 PSIB0021659 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.

Reaching the branch

The Nad Junction Visakhapatnam branch sits at GROUND FLORR, D.NO 37-12-13/1, FLAT NO 102&103, K.S.R.RK VAIBAV APT, NGGOS COLONY, VISAKHPATNAM, ANDHRA PRADESH. If you are travelling from outside Nad Junction Visakhapatnam, search for the branch on a maps application using the bank name and locality, or call 28-9004134592 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 PSIB0021659 and your account number.

Common mistakes to avoid when using IFSC PSIB0021659

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 – NAD JUNCTION VISAKHAPATNAM, 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: PSIB0021659.
• 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 Nad Junction Visakhapatnam branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0021659, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PSIB0021659 for Punjab and Sind Bank – NAD JUNCTION VISAKHAPATNAM, 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

Frequently asked questions

Final notes

To recap: PSIB0021659 is the IFSC code of Punjab and Sind Bank, NAD JUNCTION VISAKHAPATNAM branch, in NAD JUNCTION VISAKHAPATNAM, ANDHRA PRADESH. 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.