Punjab & Sind Bank — HRD

NEW DELHI, DELHI

IFSC Code

PSIB0009012

MICR Code

Not available

Branch

HRD

Bank

Punjab & Sind Bank

District

NEW DELHI

State

DELHI

Contact

+919779277669

Address

2ST FLOOR NBCC OFFICE COMPLEX BLOCK 3 PLATE B NEW DELHI

Get Directions to This Branch

Using IFSC PSIB0009012 for money transfers

NEFT transfers to HRD, one of Punjab & Sind Bank's branches in NEW DELHI, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches HRD almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to HRD clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to HRD: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting HRD In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Here's how to send money to HRD using net banking or a UPI app:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code PSIB0009012 when prompted — this routes the transfer to HRD specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

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

The IFSC code for Punjab & Sind Bank's HRD branch in NEW DELHI, DELHI is PSIB0009012. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

A MICR code isn't listed for this branch in our records. MICR codes are used specifically for cheque clearing — if you need one, it's best to confirm directly with the branch, since it doesn't affect NEFT/RTGS/IMPS transfers, which only need the IFSC code (PSIB0009012).

Where is the HRD branch of Punjab & Sind Bank located?

This branch is located at: 2ST FLOOR NBCC OFFICE COMPLEX BLOCK 3 PLATE B NEW DELHI. It falls under NEW DELHI district, DELHI.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (PSIB0009012) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +919779277669.

Other Punjab & Sind Bank branches in NEW DELHI

ACCOUNT AND AUDIT DEPARTMENTCO LENDINGCPPC CELLFINANCIAL INCLUSION CELLINSPECTION DEPARTMENTMIS CELLPREMISES DEPARTMENTRECOCILIATION DEPARTMENT

Punjab & Sind Bank in other districts of DELHI

DELHI (121)BAWANA (1)DELHI I (1)KANJHAWALA (1)RAJENDRA PLACE DELHI (1)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.