If you are searching for the IFSC code of Punjab and Sind Bank, GORAYA DISTT PHILLAUR branch in PHILLAUR, PUNJAB, this page has every detail you need. The verified IFSC code for this branch is PSIB0020933. 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 GORAYA DISTT PHILLAUR branch, and detailed step-by-step guides for using the IFSC PSIB0020933 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.
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 GORAYA DISTT PHILLAUR branch, the IFSC PSIB0020933 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 020933 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 Goraya Distt Phillaur branch — IFSC PSIB0020933 — extends the bank's services to customers in and around Phillaur, Punjab.
About this branch
The branch is located at GORAYA G T ROAD TEHSIL PHILLAUR PUNJAB. It serves the Phillaur 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 PSIB0020933 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Goraya Distt Phillaur |
| IFSC Code | PSIB0020933 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GORAYA G T ROAD TEHSIL PHILLAUR PUNJAB |
| City | Phillaur |
| District | Jalandhar |
| State | Punjab |
| STD Code | 1826 |
| Phone | 501262 |
Why every Punjab and Sind Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including GORAYA DISTT PHILLAUR of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0020933 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC PSIB0020933 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Goraya Distt Phillaur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PSIB0020933 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 PSIB0020933
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 PSIB0020933 across all three.
NEFT to Punjab and Sind Bank, GORAYA DISTT PHILLAUR using IFSC PSIB0020933
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 PSIB0020933, and confirm that the system picks up Punjab and Sind Bank – GORAYA DISTT PHILLAUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to GORAYA DISTT PHILLAUR
If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's GORAYA DISTT PHILLAUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0020933 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Punjab and Sind Bank – GORAYA DISTT PHILLAUR, use IMPS. With IFSC PSIB0020933 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 PSIB0020933 for Punjab and Sind Bank – GORAYA DISTT PHILLAUR, 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 – PSIB0020933 | Yes – PSIB0020933 | Yes – PSIB0020933 |
For most retail customers crediting the Goraya Distt Phillaur 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 GORAYA DISTT PHILLAUR branch, the IFSC PSIB0020933 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 Goraya Distt Phillaur branch is mapped to IFSC PSIB0020933 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 PSIB0020933.
Banking services available
The Goraya Distt Phillaur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1826-501262.
- 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 PSIB0020933
Online banking and IFSC PSIB0020933
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the GORAYA DISTT PHILLAUR 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 PSIB0020933 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 Goraya Distt Phillaur branch sits at GORAYA G T ROAD TEHSIL PHILLAUR PUNJAB. If you are travelling from outside Phillaur, search for the branch on a maps application using the bank name and locality, or call 1826-501262 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 PSIB0020933 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 – GORAYA DISTT PHILLAUR:
- The IFSC is exactly PSIB0020933 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 GORAYA DISTT PHILLAUR 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.
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 Goraya Distt Phillaur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0020933, however, work 24x7.
Verifying IFSC PSIB0020933 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 PSIB0020933 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 1826-501262.
- Visiting the bank's official branch locator page.
Branch address & contact
Punjab and Sind BankGoraya Distt Phillaur Branch
GORAYA G T ROAD TEHSIL PHILLAUR PUNJAB
Phillaur, Punjab
Phone: 1826-501262
IFSC: PSIB0020933
Frequently asked questions
What is the IFSC code of Punjab and Sind Bank Goraya Distt Phillaur branch?
The IFSC code of Punjab and Sind Bank, Goraya Distt Phillaur branch is PSIB0020933. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC PSIB0020933 valid for NEFT and RTGS?
Yes. IFSC PSIB0020933 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using PSIB0020933 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Goraya Distt Phillaur reflect within 30 minutes.
Is IFSC PSIB0020933 the same for all accounts at Goraya Distt Phillaur branch?
Yes. The IFSC PSIB0020933 is shared by every account held at Punjab and Sind Bank's Goraya Distt Phillaur branch. Only the account number changes from customer to customer.
Does Punjab and Sind Bank Goraya Distt Phillaur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 1826-501262 to confirm.
How do I add Punjab and Sind Bank Goraya Distt Phillaur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0020933, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Goraya Distt Phillaur branch but serve different purposes.
What is the phone number of Punjab and Sind Bank Goraya Distt Phillaur branch?
You can reach the branch at 1826-501262 during regular banking hours.
Summary
The IFSC code PSIB0020933 belongs to Punjab and Sind Bank's GORAYA DISTT PHILLAUR branch, located at GORAYA G T ROAD TEHSIL PHILLAUR PUNJAB in PHILLAUR, PUNJAB. 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.
