Use this page as a one-stop reference for everything related to Punjab and Sind Bank's BIHARSHARIF branch in NALANDA, BIHAR. The branch's IFSC code PSIB0021595 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 BIHARSHARIF branch, the IFSC PSIB0021595 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 021595 identifies this particular branch.
Bank profile
Punjab and Sind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Biharsharif branch — IFSC PSIB0021595 — extends the bank's services to customers in and around Nalanda, Bihar.
About this branch
The branch is located at NIRMALA COMPLEX NEAR MAMTA RANI MOHALLA AITWARI BAZAR POST SOHSARAI DIST NALANDA. It serves the Nalanda 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 PSIB0021595 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Biharsharif |
| IFSC Code | PSIB0021595 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NIRMALA COMPLEX NEAR MAMTA RANI MOHALLA AITWARI BAZAR POST SOHSARAI DIST NALANDA |
| City | Nalanda |
| District | Nalanda |
| State | Bihar |
| STD Code | 6112 |
| Phone | 1111111111 |
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 BIHARSHARIF branch came to be assigned the code PSIB0021595.
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 PSIB0021595, money simply cannot be routed to the BIHARSHARIF branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Biharsharif branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PSIB0021595 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 PSIB0021595
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 PSIB0021595 across all three.
How to use IFSC PSIB0021595 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Punjab and Sind Bank's BIHARSHARIF branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC PSIB0021595.
- Confirm the bank name auto-populates as Punjab and Sind Bank and the branch as BIHARSHARIF.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to BIHARSHARIF
If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's BIHARSHARIF branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021595 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab and Sind Bank BIHARSHARIF (IFSC PSIB0021595)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021595 in your mobile or internet banking app, and the money is credited to the BIHARSHARIF branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PSIB0021595 for Punjab and Sind Bank – BIHARSHARIF, 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 – PSIB0021595 | Yes – PSIB0021595 | Yes – PSIB0021595 |
For most retail customers crediting the Biharsharif 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 BIHARSHARIF branch, the IFSC PSIB0021595 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 Biharsharif branch is mapped to IFSC PSIB0021595 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 PSIB0021595.
Banking services available
The Biharsharif branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 6112-1111111111.
- 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 PSIB0021595
Online banking and IFSC PSIB0021595
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the BIHARSHARIF 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 PSIB0021595 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.
How to reach the Biharsharif branch
The branch is located at NIRMALA COMPLEX NEAR MAMTA RANI MOHALLA AITWARI BAZAR POST SOHSARAI DIST NALANDA, which puts it inside Nalanda, the broader Nalanda district, and the state of Bihar. To plan your visit:
- Open Google Maps on your phone and search for “Punjab and Sind Bank Biharsharif branch” — the verified location pin for IFSC PSIB0021595 should appear at the top of the results.
- Confirm the branch is open by calling 6112-1111111111 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 PSIB0021595 and your account number.
Common mistakes to avoid when using IFSC PSIB0021595
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 – BIHARSHARIF, 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:
PSIB0021595. - 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 Biharsharif branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0021595, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PSIB0021595 for Punjab and Sind Bank – BIHARSHARIF, 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 BankBiharsharif Branch
NIRMALA COMPLEX NEAR MAMTA RANI MOHALLA AITWARI BAZAR POST SOHSARAI DIST NALANDA
Nalanda, Bihar
Phone: 6112-1111111111
IFSC: PSIB0021595
Frequently asked questions
How do I add Punjab and Sind Bank Biharsharif as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021595, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC PSIB0021595 valid for NEFT and RTGS?
Yes. IFSC PSIB0021595 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Punjab and Sind Bank Biharsharif branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 6112-1111111111 to confirm.
What is the IFSC code of Punjab and Sind Bank Biharsharif branch?
The IFSC code of Punjab and Sind Bank, Biharsharif branch is PSIB0021595. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using PSIB0021595 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Biharsharif reflect within 30 minutes.
Can I use IFSC PSIB0021595 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021595 to send funds instantly.
Summary
The IFSC code PSIB0021595 belongs to Punjab and Sind Bank's BIHARSHARIF branch, located at NIRMALA COMPLEX NEAR MAMTA RANI MOHALLA AITWARI BAZAR POST SOHSARAI DIST NALANDA in NALANDA, 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.
