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PSIB0000242: Punjab & Sind Bank, Chandigarh Sector

PSIB0000242 is the IFSC code of the Chandigarh Sector branch of Punjab & Sind Bank in Chandigarh, Chandigarh. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
PSIB0000242
Branch
Chandigarh Sector
MICR code
160023010
Address
S.C.O.371-373 Sector-34a,Chandigarh-160022
City
Chandigarh
State
Chandigarh
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What PSIB0000242 means

  • PSIB: the bank, Punjab & Sind Bank
  • 0: always zero, kept for future use
  • 000242: the Chandigarh Sector branch

To send money, add the account number, the account holder's name and PSIB0000242 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other Punjab & Sind Bank branches in Chandigarh

All Punjab & Sind Bank branches in Chandigarh

Other banks in Chandigarh

Frequently asked questions

Which bank and branch is PSIB0000242?

PSIB0000242 belongs to Punjab & Sind Bank, Chandigarh Sector branch, S.C.O.371-373 Sector-34a,Chandigarh-160022.

What is the MICR code of Punjab & Sind Bank, Chandigarh Sector?

The MICR code is 160023010. It is printed at the bottom of cheques from this branch.

Can I use PSIB0000242 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.