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Punjab & Sind Bank · Ratlam

Punjab and Sind Ratlam IFSC code

IFSC code
✔ In RBI list v2.0.62
PSIB0000594
MICR code
457City
023Bank
002Branch
IFSC code
PSIB0000594
MICR code
457023002
Bank
Punjab & Sind Bank
Branch
Ratlam
Address
9 STATION ROAD RATLAM 457001
City
Ratlam
District
Ratlam
State
Madhya Pradesh
Bank code
PSIB
Branch code
000594
Contact
+917412230837
Payment systems
NEFT, RTGS, IMPS, UPI
Quick summary✔ RBI data Last synced · release v2.0.62

The IFSC code of Punjab & Sind Bank, Ratlam branch (Ratlam, Madhya Pradesh) is PSIB0000594. Its MICR code is 457023002. 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 000594 — identifies Ratlam
  • MICR 457023002 — city 457, bank 023, branch 002
  • 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
Palash
VILL PALASHDISTT RATLAM MADHYA PRADESH 457001		PSIB0021153457023501
Lalguwadi
VILLAGE LALGUWADI,BLOCK RATLAM,DISTT.RATLAM 457001,MADHYA PRADESH		PSIB0021298457023502

Frequently asked questions

What is the IFSC code of Punjab and Sind Ratlam?

PSIB0000594. It identifies the Ratlam branch of Punjab & Sind Bank in Ratlam, Madhya Pradesh.

What is the MICR code of Punjab and Sind Ratlam?

457023002. It is printed at the bottom of cheques issued by this branch.

Where is Punjab and Sind Ratlam branch?

9 STATION ROAD RATLAM 457001, Madhya Pradesh.

Does PSIB0000594 support NEFT, RTGS and IMPS?

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

What do the parts of PSIB0000594 mean?

PSIB is the bank code of Punjab & Sind Bank, the 5th character "0" is reserved by the RBI, and 000594 is the branch code of Ratlam.

How many Punjab and Sind branches are in Ratlam?

3. Each has its own IFSC code.

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