Below are the complete branch details for Punjab and Sind Bank, RAMGARH branch, located in RAMGARH, JHARKHAND. The IFSC assigned by the Reserve Bank of India to this branch is PSIB0021175. 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 PSIB0021175 for Punjab and Sind Bank – RAMGARH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 RAMGARH branch, the IFSC PSIB0021175 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 021175 identifies this particular branch.
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 Ramgarh branch in Ramgarh, Jharkhand is part of this network and uses the IFSC code PSIB0021175 for all electronic settlement.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Ramgarh |
| IFSC Code | PSIB0021175 |
| MICR Code | Refer to cheque leaf |
| Branch Address | RAMGARH BLOCK NEAR DC OFFICE RAMGARH JHARKHAND 829122 |
| City | Ramgarh |
| District | Hazaribag |
| State | Jharkhand |
| STD Code | 651 |
| Phone | 2203593 |
About the Ramgarh branch
The Ramgarh branch of Punjab and Sind Bank is situated at RAMGARH BLOCK NEAR DC OFFICE RAMGARH JHARKHAND 829122. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code PSIB0021175 is used.
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 RAMGARH of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0021175 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 PSIB0021175 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Ramgarh branch is mapped to IFSC PSIB0021175 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 PSIB0021175.
Products and services
Customers walking into the Ramgarh 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 PSIB0021175
How to transfer money using IFSC PSIB0021175
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 PSIB0021175 across all three.
NEFT to Punjab and Sind Bank, RAMGARH using IFSC PSIB0021175
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 PSIB0021175, and confirm that the system picks up Punjab and Sind Bank – RAMGARH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to RAMGARH
If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's RAMGARH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021175 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab and Sind Bank RAMGARH (IFSC PSIB0021175)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021175 in your mobile or internet banking app, and the money is credited to the RAMGARH branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Ramgarh
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 PSIB0021175:
- 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 RAMGARH is still linked to IFSC PSIB0021175.
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 PSIB0021175
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 – RAMGARH is still mapped to IFSC PSIB0021175. 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 PSIB0021175 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Ramgarh 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 PSIB0021175 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.
MICR & cheque-truncation details
Cheques drawn on the Ramgarh branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PSIB0021175 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC PSIB0021175
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 – RAMGARH, 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:
PSIB0021175. - 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.
Reaching the branch
The Ramgarh branch sits at RAMGARH BLOCK NEAR DC OFFICE RAMGARH JHARKHAND 829122. If you are travelling from outside Ramgarh, search for the branch on a maps application using the bank name and locality, or call 651-2203593 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 PSIB0021175 and your account number.
Verifying IFSC PSIB0021175 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 PSIB0021175 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 651-2203593.
- Visiting the bank's official branch locator page.
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 Ramgarh branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0021175, however, work 24x7.
Branch address & contact
Punjab and Sind BankRamgarh Branch
RAMGARH BLOCK NEAR DC OFFICE RAMGARH JHARKHAND 829122
Ramgarh, Jharkhand
Phone: 651-2203593
IFSC: PSIB0021175
Frequently asked questions
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 Ramgarh branch but serve different purposes.
Where is Punjab and Sind Bank Ramgarh branch located?
Punjab and Sind Bank's Ramgarh branch is located at RAMGARH BLOCK NEAR DC OFFICE RAMGARH JHARKHAND 829122, Ramgarh, Jharkhand.
Is IFSC PSIB0021175 the same for all accounts at Ramgarh branch?
Yes. The IFSC PSIB0021175 is shared by every account held at Punjab and Sind Bank's Ramgarh branch. Only the account number changes from customer to customer.
How do I add Punjab and Sind Bank Ramgarh as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021175, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Punjab and Sind Bank Ramgarh branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 651-2203593 to confirm.
How quickly will an NEFT transfer using PSIB0021175 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Ramgarh reflect within 30 minutes.
Summary
The IFSC code PSIB0021175 belongs to Punjab and Sind Bank's RAMGARH branch, located at RAMGARH BLOCK NEAR DC OFFICE RAMGARH JHARKHAND 829122 in RAMGARH, JHARKHAND. 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.
