If you are searching for the IFSC code of Punjab and Sind Bank, THOOTHUKKUDI branch in THOOTHUKKUDI, TAMIL NADU, this page has every detail you need. The verified IFSC code for this branch is PSIB0021624. 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 THOOTHUKKUDI branch, and detailed step-by-step guides for using the IFSC PSIB0021624 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 THOOTHUKKUDI branch, the IFSC PSIB0021624 breaks down as follows: PSIB identifies the bank, 0 is the reserved character, and 021624 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 Thoothukkudi branch in Thoothukkudi, Tamil Nadu is part of this network and uses the IFSC code PSIB0021624 for all electronic settlement.
Branch details at a glance
| Bank Name | Punjab and Sind Bank |
|---|---|
| Branch | Thoothukkudi |
| IFSC Code | PSIB0021624 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO A1 RENGANATHAPURAM EAST SOUNDARI COMPLEX THOOTHUKKUDI 628002 |
| City | Thoothukkudi |
| District | Thoothukkudi |
| State | Tamil Nadu |
| STD Code | 461 |
| Phone | 7065149954 |
Thoothukkudi branch overview
Located at NO A1 RENGANATHAPURAM EAST SOUNDARI COMPLEX THOOTHUKKUDI 628002, the Thoothukkudi branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PSIB0021624 is required for all interbank electronic transfers routed through this branch.
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 THOOTHUKKUDI branch came to be assigned the code PSIB0021624.
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 PSIB0021624, money simply cannot be routed to the THOOTHUKKUDI branch electronically.
Account types you can open at the Thoothukkudi branch
Once you have an account at Punjab and Sind Bank – THOOTHUKKUDI, the IFSC PSIB0021624 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Thoothukkudi 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 PSIB0021624
How to transfer money using IFSC PSIB0021624
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 PSIB0021624 across all three.
NEFT to Punjab and Sind Bank, THOOTHUKKUDI using IFSC PSIB0021624
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 PSIB0021624, and confirm that the system picks up Punjab and Sind Bank – THOOTHUKKUDI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to THOOTHUKKUDI
If you need to transfer ₹2 lakh or more in one go to an account at Punjab and Sind Bank's THOOTHUKKUDI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PSIB0021624 while initiating the transfer and the credit will appear within minutes.
IMPS to Punjab and Sind Bank THOOTHUKKUDI (IFSC PSIB0021624)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PSIB0021624 in your mobile or internet banking app, and the money is credited to the THOOTHUKKUDI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Thoothukkudi
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 PSIB0021624:
- 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 THOOTHUKKUDI is still linked to IFSC PSIB0021624.
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 PSIB0021624
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 – THOOTHUKKUDI is still mapped to IFSC PSIB0021624. 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 PSIB0021624 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 Thoothukkudi 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 PSIB0021624 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 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 PSIB0021624 and the account number together uniquely identify the Thoothukkudi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC PSIB0021624
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 – THOOTHUKKUDI, 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:
PSIB0021624. - 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.
How to reach the Thoothukkudi branch
The branch is located at NO A1 RENGANATHAPURAM EAST SOUNDARI COMPLEX THOOTHUKKUDI 628002, which puts it inside Thoothukkudi, the broader Thoothukkudi district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Punjab and Sind Bank Thoothukkudi branch” — the verified location pin for IFSC PSIB0021624 should appear at the top of the results.
- Confirm the branch is open by calling 461-7065149954 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 PSIB0021624 and your account number.
Verifying IFSC PSIB0021624 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 PSIB0021624 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 461-7065149954.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Thoothukkudi 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 PSIB0021624 continue to work without interruption.
Branch address & contact
Punjab and Sind BankThoothukkudi Branch
NO A1 RENGANATHAPURAM EAST SOUNDARI COMPLEX THOOTHUKKUDI 628002
Thoothukkudi, Tamil Nadu
Phone: 461-7065149954
IFSC: PSIB0021624
Frequently asked questions
Where is Punjab and Sind Bank Thoothukkudi branch located?
Punjab and Sind Bank's Thoothukkudi branch is located at NO A1 RENGANATHAPURAM EAST SOUNDARI COMPLEX THOOTHUKKUDI 628002, Thoothukkudi, Tamil Nadu.
How do I add Punjab and Sind Bank Thoothukkudi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PSIB0021624, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Punjab and Sind Bank Thoothukkudi branch?
You can reach the branch at 461-7065149954 during regular banking hours.
Can I use IFSC PSIB0021624 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PSIB0021624 to send funds instantly.
Is IFSC PSIB0021624 valid for NEFT and RTGS?
Yes. IFSC PSIB0021624 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC PSIB0021624 the same for all accounts at Thoothukkudi branch?
Yes. The IFSC PSIB0021624 is shared by every account held at Punjab and Sind Bank's Thoothukkudi branch. Only the account number changes from customer to customer.
Summary
The IFSC code PSIB0021624 belongs to Punjab and Sind Bank's THOOTHUKKUDI branch, located at NO A1 RENGANATHAPURAM EAST SOUNDARI COMPLEX THOOTHUKKUDI 628002 in THOOTHUKKUDI, TAMIL NADU. 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.
