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Punjab & Sind Bank · Ratlam

Punjab and Sind Lalguwadi IFSC code

IFSC code
✔ In RBI list v2.0.62
PSIB0021298
MICR code
457City
023Bank
502Branch
IFSC code
PSIB0021298
MICR code
457023502
Bank
Punjab & Sind Bank
Branch
Lalguwadi
Address
VILLAGE LALGUWADI,BLOCK RATLAM,DISTT.RATLAM 457001,MADHYA PRADESH
City
Ratlam
District
Ratlam
State
Madhya Pradesh
Bank code
PSIB
Branch code
021298
Contact
+918085905822
Payment systems
NEFT, RTGS, IMPS, UPI
Quick summary✔ RBI data Last synced · release v2.0.62

The IFSC code of Punjab & Sind Bank, Lalguwadi branch (Ratlam, Madhya Pradesh) is PSIB0021298. Its MICR code is 457023502. Use the IFSC for NEFT, RTGS and IMPS transfers to accounts at this branch.

Branch overview

  • Bank code PSIB — identifies Punjab & Sind Bank
  • 5th character 0 — reserved by the RBI
  • Branch code 021298 — identifies Lalguwadi
  • MICR 457023502 — city 457, bank 023, branch 502
  • Payments NEFT, RTGS, IMPS, UPI

Sources & verification

  • ✔ Official source: RBI IFSC & MICR master list
  • ✔ Dataset release v2.0.62
  • ✔ Last updated 24 October 2026
  • ✔ Format checked (11-character IFSC, 9-digit MICR)

Other Punjab and Sind branches in Ratlam

BranchIFSCMICR
Ratlam
9 STATION ROAD RATLAM 457001		PSIB0000594457023002
Palash
VILL PALASHDISTT RATLAM MADHYA PRADESH 457001		PSIB0021153457023501

Frequently asked questions

What is the IFSC code of Punjab and Sind Lalguwadi?

PSIB0021298. It identifies the Lalguwadi branch of Punjab & Sind Bank in Ratlam, Madhya Pradesh.

What is the MICR code of Punjab and Sind Lalguwadi?

457023502. It is printed at the bottom of cheques issued by this branch.

Where is Punjab and Sind Lalguwadi branch?

VILLAGE LALGUWADI,BLOCK RATLAM,DISTT.RATLAM 457001,MADHYA PRADESH, Madhya Pradesh.

Does PSIB0021298 support NEFT, RTGS and IMPS?

Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.

What do the parts of PSIB0021298 mean?

PSIB is the bank code of Punjab & Sind Bank, the 5th character "0" is reserved by the RBI, and 021298 is the branch code of Lalguwadi.

How many Punjab and Sind branches are in Ratlam?

3. Each has its own IFSC code.

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