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PSIB0020988: Punjab & Sind Bank, Raikot Punjab

PSIB0020988 is the IFSC code of the Raikot 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
PSIB0020988
Branch
Raikot Punjab
MICR code
141023302
Address
Raikot Near Tehsil Main Market Raikot Distt Ludhiana Punjab
City
Ludhiana (district Raikot)
State
Punjab
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What PSIB0020988 means

  • PSIB: the bank, Punjab & Sind Bank
  • 0: always zero, kept for future use
  • 020988: the Raikot Punjab branch

To send money, add the account number, the account holder's name and PSIB0020988 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 PSIB0020988?

PSIB0020988 belongs to Punjab & Sind Bank, Raikot Punjab branch, Raikot Near Tehsil Main Market Raikot Distt Ludhiana Punjab.

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

The MICR code is 141023302. It is printed at the bottom of cheques from this branch.

Can I use PSIB0020988 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.