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PSIB0020987: Punjab & Sind Bank, Machhiwara Punjab

PSIB0020987 is the IFSC code of the Machhiwara Punjab branch of Punjab & Sind Bank in Ludhiana, Punjab. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
PSIB0020987
Branch
Machhiwara Punjab
MICR code
141023352
Address
Machhiwara Samrala Road Opp Grain Market the Machhiwara Distt Ludhiana Punjab
City
Ludhiana (district Machhiwara)
State
Punjab
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What PSIB0020987 means

  • PSIB: the bank, Punjab & Sind Bank
  • 0: always zero, kept for future use
  • 020987: the Machhiwara Punjab branch

To send money, add the account number, the account holder's name and PSIB0020987 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 Ludhiana

All Punjab & Sind Bank branches in Ludhiana

Other banks in Ludhiana

Frequently asked questions

Which bank and branch is PSIB0020987?

PSIB0020987 belongs to Punjab & Sind Bank, Machhiwara Punjab branch, Machhiwara Samrala Road Opp Grain Market the Machhiwara Distt Ludhiana Punjab.

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

The MICR code is 141023352. It is printed at the bottom of cheques from this branch.

Can I use PSIB0020987 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.