If you are searching for the IFSC code of Punjab and Sind Bank, NASIK branch in NASHIK, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is PSIB0021033. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the NASIK branch, and detailed step-by-step guides for using the IFSC PSIB0021033 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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, PSIB0021033 is the IFSC of Punjab and Sind Bank's NASIK branch. The format is fixed: PSIB = bank code, 0 = reserved, 021033 = branch identifier.
About Punjab and Sind Bank
Punjab and Sind Bank operates a wide network of branches across India, including the Nasik branch in Nashik. 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, PSIB0021033.
Nasik branch overview
Located at HARDIK COMPLEX SAMRAT GROUP BUILDING OPP AMBEDKAR NASIK PUNE ROAD NASIK, the Nasik branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PSIB0021033 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Nasik |
| IFSC Code | PSIB0021033 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HARDIK COMPLEX SAMRAT GROUP BUILDING OPP AMBEDKAR NASIK PUNE ROAD NASIK |
| City | Nashik |
| District | Nasik |
| State | Maharashtra |
| STD Code | 253 |
| Phone | 2410540 |
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 NASIK branch came to be assigned the code PSIB0021033.
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 PSIB0021033, money simply cannot be routed to the NASIK 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 PSIB0021033 and the account number together uniquely identify the Nasik branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC PSIB0021033
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 PSIB0021033 across all three.
NEFT to Punjab and Sind Bank, NASIK using IFSC PSIB0021033
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 PSIB0021033, and confirm that the system picks up Punjab and Sind Bank – NASIK. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NASIK
If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's NASIK branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021033 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab and Sind Bank NASIK (IFSC PSIB0021033)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021033 in your mobile or internet banking app, and the money is credited to the NASIK branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PSIB0021033 for Punjab and Sind Bank – NASIK, 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 – PSIB0021033 | Yes – PSIB0021033 | Yes – PSIB0021033 |
For most retail customers crediting the Nasik 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 PSIB0021033
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 – NASIK is still mapped to IFSC PSIB0021033. 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 PSIB0021033 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Nasik branch is mapped to IFSC PSIB0021033 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 PSIB0021033.
Products and services
Customers walking into the Nasik 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 PSIB0021033
Online banking and IFSC PSIB0021033
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the NASIK 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 PSIB0021033 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 Nasik branch sits at HARDIK COMPLEX SAMRAT GROUP BUILDING OPP AMBEDKAR NASIK PUNE ROAD NASIK. If you are travelling from outside Nashik, search for the branch on a maps application using the bank name and locality, or call 253-2410540 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 PSIB0021033 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Punjab and Sind Bank – NASIK:
- The IFSC is exactly PSIB0021033 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Punjab and Sind Bank as the bank name and NASIK as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Working hours
Branch counters at Nasik are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to PSIB0021033 continue to work without interruption.
Verifying IFSC PSIB0021033 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 PSIB0021033 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 253-2410540.
- Visiting the bank's official branch locator page.
Branch address & contact
Punjab and Sind BankNasik Branch
HARDIK COMPLEX SAMRAT GROUP BUILDING OPP AMBEDKAR NASIK PUNE ROAD NASIK
Nashik, Maharashtra
Phone: 253-2410540
IFSC: PSIB0021033
Frequently asked questions
How do I add Punjab and Sind Bank Nasik as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021033, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC PSIB0021033 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021033 to send funds instantly.
Does Punjab and Sind Bank Nasik branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 253-2410540 to confirm.
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 Nasik branch but serve different purposes.
What is the phone number of Punjab and Sind Bank Nasik branch?
You can reach the branch at 253-2410540 during regular banking hours.
How quickly will an NEFT transfer using PSIB0021033 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Nasik reflect within 30 minutes.
Is IFSC PSIB0021033 valid for NEFT and RTGS?
Yes. IFSC PSIB0021033 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code PSIB0021033 belongs to Punjab and Sind Bank's NASIK branch, located at HARDIK COMPLEX SAMRAT GROUP BUILDING OPP AMBEDKAR NASIK PUNE ROAD NASIK in NASHIK, MAHARASHTRA. 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.
