IFSCIndex

Punjab Sind Bank Shazadapur Majra IFSC Code

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Punjab Sind Bank

PSIB0000014

IFSC · Used for NEFT, IMPS & RTGS

133023008

MICR · Used for Cheque Clearance

Branch

Shazadapur Majra

Address

Shahjadpur Majra, Distt. Panchkula , Haryana - 134202

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District

Shahzadpur Majra

State

Haryana

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Frequently Asked Questions

About Punjab Sind Bank Shazadapur Majra (shahjadpur Majra - 0014), Shahzadpur Majra

The IFSC code PSIB0000014 (lowercase: psib0000014) belongs to Punjab Sind Bank, specifically the Shazadapur Majra (shahjadpur Majra - 0014) branch located in Shahzadpur Majra, Haryana.

The 5th character in the IFSC code PSIB0000014 is a zero (0), not the letter 'O'. The correct format is PSIB0000014 (lowercase: psib0000014), and not PSIBO000014. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Punjab Sind Bank Shazadapur Majra (shahjadpur Majra - 0014) in Shahzadpur Majra, Haryana is PSIB0000014. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Punjab Sind Bank Shazadapur Majra (shahjadpur Majra - 0014) is located at Shahjadpur Majra, Distt. Panchkula , Haryana - 134202, Shahzadpur Majra, Haryana. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Punjab Sind Bank Shazadapur Majra (shahjadpur Majra - 0014) is 133023008. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code PSIB0000014 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code PSIB0000014 by checking: (1) The top-left corner of any Punjab Sind Bank Shazadapur Majra (shahjadpur Majra - 0014) cheque leaf, (2) The first page of your Punjab Sind Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: PSIB0000014

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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PSIB
Bank Codechars 1–4
0Reservedchar 5
000014
Branch Codechars 6–11

PSIB0000014

What Each Part Means

Bank Code — PSIB
The first 4 characters uniquely identify Punjab Sind Bank at the national level. Every branch of Punjab Sind Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 000014
The final 6 characters 000014 uniquely identify this specific branch within the Punjab Sind Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code PSIB0000014
SegmentCharsValuePurpose
Bank Code1–4PSIBIdentifies Punjab Sind Bank
Reserved50RBI reserved (always 0)
Branch Code6–11000014Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchPSIB0000014133023008
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.