IFSC Code of The Punjab State Cooperative Bank Ltd, Branch Office Seventeen Branch, Punjab

This page lists the IFSC code, branch address, contact number and fund-transfer information for The Punjab State Cooperative Bank Ltd, BRANCH OFFICE SEVENTEEN branch in CHANDIGARH. The 11-digit IFSC TPSC0000002 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with The Punjab State Cooperative Bank Ltd at the BRANCH OFFICE SEVENTEEN location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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, TPSC0000002 is the IFSC of The Punjab State Cooperative Bank Ltd's BRANCH OFFICE SEVENTEEN branch. The format is fixed: TPSC = bank code, 0 = reserved, 000002 = branch identifier.

Branch details at a glance

About The Punjab State Cooperative Bank Ltd

The Punjab State Cooperative Bank Ltd operates a wide network of branches across India, including the Branch Office Seventeen branch in Chandigarh. 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, TPSC0000002.

Branch Office Seventeen branch overview

Located at SCO. 50-51, BANK SQUARE, SECTOR.17-B, the Branch Office Seventeen branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC TPSC0000002 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 The Punjab State Cooperative Bank Ltd's BRANCH OFFICE SEVENTEEN branch came to be assigned the code TPSC0000002.

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 TPSC0000002, money simply cannot be routed to the BRANCH OFFICE SEVENTEEN branch electronically.

How to transfer money using IFSC TPSC0000002

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 TPSC0000002 across all three.

How to use IFSC TPSC0000002 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Punjab State Cooperative Bank Ltd's BRANCH OFFICE SEVENTEEN branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC TPSC0000002.
4. Confirm the bank name auto-populates as The Punjab State Cooperative Bank Ltd and the branch as BRANCH OFFICE SEVENTEEN.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to BRANCH OFFICE SEVENTEEN

If you need to transfer ₹2 lakh or more in one go to an account at The Punjab State Cooperative Bank Ltd's BRANCH OFFICE SEVENTEEN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TPSC0000002 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to The Punjab State Cooperative Bank Ltd – BRANCH OFFICE SEVENTEEN, use IMPS. With IFSC TPSC0000002 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 TPSC0000002 for The Punjab State Cooperative Bank Ltd – BRANCH OFFICE SEVENTEEN, 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.

For most retail customers crediting the Branch Office Seventeen 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 TPSC0000002

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 The Punjab State Cooperative Bank Ltd – BRANCH OFFICE SEVENTEEN is still mapped to IFSC TPSC0000002. 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 TPSC0000002 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Branch Office Seventeen branch is mapped to IFSC TPSC0000002 on the RBI payments network. The branch generally supports the full retail product catalogue of The Punjab State Cooperative Bank Ltd, 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 TPSC0000002.

Banking services available

The Branch Office Seventeen branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 172-5061423.

• 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 TPSC0000002

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Punjab State Cooperative Bank Ltd carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC TPSC0000002 and the account number together uniquely identify the Branch Office Seventeen branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC TPSC0000002

The Punjab State Cooperative Bank Ltd customers can register for net banking and the bank's official mobile app once their account at the BRANCH OFFICE SEVENTEEN 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 TPSC0000002 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 The Punjab State Cooperative Bank Ltd – BRANCH OFFICE SEVENTEEN:

• The IFSC is exactly TPSC0000002 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Punjab State Cooperative Bank Ltd as the bank name and BRANCH OFFICE SEVENTEEN 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.

Reaching the branch

The Branch Office Seventeen branch sits at SCO. 50-51, BANK SQUARE, SECTOR.17-B. If you are travelling from outside Chandigarh, search for the branch on a maps application using the bank name and locality, or call 172-5061423 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 TPSC0000002 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC TPSC0000002 for The Punjab State Cooperative Bank Ltd – BRANCH OFFICE SEVENTEEN, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

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 Branch Office Seventeen branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TPSC0000002, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: TPSC0000002 is the IFSC code of The Punjab State Cooperative Bank Ltd, BRANCH OFFICE SEVENTEEN branch, in CHANDIGARH, PUNJAB. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.