PSIB0020988
Punjab & Sind Bank
Branch
RAIKOT PUNJAB
City
LUDHIANA
State
PUNJAB
Branch Details
IFSC CodePSIB0020988
BankPunjab & Sind Bank
BranchRAIKOT PUNJAB
AddressRAIKOT NEAR TEHSIL MAIN MARKET RAIKOT DISTT LUDHIANA PUNJAB
CityLUDHIANA
DistrictRAIKOT
StatePUNJAB
What does PSIB0020988 mean?
PSIB0020988
PSIB — Bank code. Identifies Punjab & Sind Bank. All branches of Punjab & Sind Bank share this prefix.
0 — Reserved character. Always zero in every IFSC code in India.
020988 — Branch code. Uniquely identifies the RAIKOT PUNJAB branch within Punjab & Sind Bank.
Transfer Methods
NEFT (not supported)
RTGS (not supported)
IMPS (not supported)
How to use this IFSC code
1
Open your bank's app or net banking
Go to Fund Transfer or Add Beneficiary.
2
Enter the recipient's account number
Double-check every digit — transfers cannot be reversed.
3
Enter IFSC code PSIB0020988
Select Punjab & Sind Bank and enter PSIB0020988 for the RAIKOT PUNJAB branch.
4
Choose transfer method
Use NEFT for transfers up to ₹2 lakh, RTGS for ₹2 lakh and above.
Frequently Asked Questions
- Which bank branch does IFSC code PSIB0020988 belong to?
- IFSC code PSIB0020988 belongs to Punjab & Sind Bank, RAIKOT PUNJAB branch, located at RAIKOT NEAR TEHSIL MAIN MARKET RAIKOT DISTT LUDHIANA PUNJAB, LUDHIANA, PUNJAB.
- What is the MICR code for PSIB0020988?
- The MICR code is not available for PSIB0020988.
- Does PSIB0020988 support NEFT, RTGS, and IMPS transfers?
- Punjab & Sind Bank RAIKOT PUNJAB (PSIB0020988): NEFT — not supported; RTGS — not supported; IMPS — not supported.
- What does the code PSIB mean in IFSC PSIB0020988?
- The first four characters PSIB identify Punjab & Sind Bank. The fifth character is always 0. The last six characters 020988 identify the specific branch.
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