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Verified Branch

Punjab & Sind Bank

CHAKKAN Branch, PUNE

IFSC Code
PSIB0021254
Required for NEFT, RTGS, IMPS money transfers
MICR Code
411023005
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

PSIB Bank Code (1-4)
0 Control Zero (5th)
021254 Branch Code (6-11)

Complete Branch Details

Full Address SHOP NO 9 12,SHUBHMANGAL PLAZA,GATE NO 1286,TALEGAON CHOWK,CHAKAN PUNE 410501 MAHARASHTRA
State MAHARASHTRA
District / City CHAKAN
Centre / Region CHAKAN
Contact / Helpline +919326136670
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code PSIB0021254.
  4. Confirm bank name displays as Punjab & Sind Bank and branch as CHAKKAN.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (PSIB0021254)

What is the IFSC code of Punjab & Sind Bank CHAKKAN branch? ↓

The verified 11-digit IFSC code is PSIB0021254. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Punjab & Sind Bank CHAKKAN? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 411023005. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is SHOP NO 9 12,SHUBHMANGAL PLAZA,GATE NO 1286,TALEGAON CHOWK,CHAKAN PUNE 410501 MAHARASHTRA, located in CHAKAN district, MAHARASHTRA.

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 PSIB0021662

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SOLAPUR, MAHARASHTRA

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PUNE Branch

PUNE, MAHARASHTRA

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CHINCHWAD PUNE Branch

PUNE, MAHARASHTRA

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IFB IN PUNE Branch

PUNE, MAHARASHTRA

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WAKAD Branch

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