Use this page as a one-stop reference for everything related to Punjab and Sind Bank's SITAPUR branch in SITAPUR, UTTAR PRADESH. The branch's IFSC code PSIB0021022 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 SITAPUR branch, the IFSC PSIB0021022 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 021022 identifies this particular branch.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Sitapur |
| IFSC Code | PSIB0021022 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VOLGA BUILDING EYE HOSPITAL ROAD SITAPUR |
| City | Sitapur |
| District | Sitapur |
| State | Uttar Pradesh |
| STD Code | 91 |
| Phone | 9580508513 |
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 Sitapur branch in Sitapur, Uttar Pradesh is part of this network and uses the IFSC code PSIB0021022 for all electronic settlement.
About this branch
The branch is located at VOLGA BUILDING EYE HOSPITAL ROAD SITAPUR. It serves the Sitapur 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 PSIB0021022 is used to identify this branch on the RBI payments network.
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 SITAPUR of Punjab and Sind Bank — its own 11-character IFSC. The code PSIB0021022 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 PSIB0021022 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC PSIB0021022
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 PSIB0021022 across all three.
NEFT to Punjab and Sind Bank, SITAPUR using IFSC PSIB0021022
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 PSIB0021022, and confirm that the system picks up Punjab and Sind Bank – SITAPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC PSIB0021022
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Punjab and Sind Bank – SITAPUR, ensure your bank's portal accepts IFSC PSIB0021022 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Punjab and Sind Bank SITAPUR (IFSC PSIB0021022)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021022 in your mobile or internet banking app, and the money is credited to the SITAPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PSIB0021022 for Punjab and Sind Bank – SITAPUR, 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 – PSIB0021022 | Yes – PSIB0021022 | Yes – PSIB0021022 |
For most retail customers crediting the Sitapur 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 PSIB0021022
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 – SITAPUR is still mapped to IFSC PSIB0021022. 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 PSIB0021022 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Sitapur branch is mapped to IFSC PSIB0021022 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 PSIB0021022.
Products and services
Customers walking into the Sitapur 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 PSIB0021022
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 PSIB0021022 and the account number together uniquely identify the Sitapur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC PSIB0021022
Punjab and Sind Bank customers can register for net banking and the bank's official mobile app once their account at the SITAPUR 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 PSIB0021022 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.
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 – SITAPUR:
- The IFSC is exactly PSIB0021022 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 SITAPUR 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.
How to reach the Sitapur branch
The branch is located at VOLGA BUILDING EYE HOSPITAL ROAD SITAPUR, which puts it inside Sitapur, the broader Sitapur district, and the state of Uttar Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Punjab and Sind Bank Sitapur branch” — the verified location pin for IFSC PSIB0021022 should appear at the top of the results.
- Confirm the branch is open by calling 91-9580508513 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 PSIB0021022 and your account number.
Verifying IFSC PSIB0021022 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 PSIB0021022 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9580508513.
- 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 Sitapur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PSIB0021022, however, work 24x7.
Branch address & contact
Punjab and Sind BankSitapur Branch
VOLGA BUILDING EYE HOSPITAL ROAD SITAPUR
Sitapur, Uttar Pradesh
Phone: 91-9580508513
IFSC: PSIB0021022
Frequently asked questions
What is the phone number of Punjab and Sind Bank Sitapur branch?
You can reach the branch at 91-9580508513 during regular banking hours.
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 Sitapur branch but serve different purposes.
Is IFSC PSIB0021022 the same for all accounts at Sitapur branch?
Yes. The IFSC PSIB0021022 is shared by every account held at Punjab and Sind Bank's Sitapur branch. Only the account number changes from customer to customer.
Does Punjab and Sind Bank Sitapur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9580508513 to confirm.
What is the IFSC code of Punjab and Sind Bank Sitapur branch?
The IFSC code of Punjab and Sind Bank, Sitapur branch is PSIB0021022. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC PSIB0021022 valid for NEFT and RTGS?
Yes. IFSC PSIB0021022 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using PSIB0021022 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Punjab and Sind Bank – Sitapur reflect within 30 minutes.
Can I use IFSC PSIB0021022 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021022 to send funds instantly.
Summary
The IFSC code PSIB0021022 belongs to Punjab and Sind Bank's SITAPUR branch, located at VOLGA BUILDING EYE HOSPITAL ROAD SITAPUR in SITAPUR, UTTAR PRADESH. 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.
