Punjab and Sind Specialized Asset Recovery Branch IFSC code

IFSC code

✔ In RBI list v2.0.62

PSIB0021558

MICR code

500City

023Bank

008Branch

IFSC code: PSIB0021558
MICR code: 500023008
Bank: Punjab & Sind Bank
Branch: Specialized Asset Recovery Branch
Address: METRO ESTATE, 7, ABIDS ROAD, HYDERABAD, TELANGANA -500001
City: Hyderabad
District: Hyderabad
State: Telangana
Bank code: PSIB
Branch code: 021558
Contact: +914024753355
Payment systems: NEFT, RTGS, IMPS, UPI

Quick summary✔ RBI data Last synced 24 October 2026 · release v2.0.62

The IFSC code of Punjab & Sind Bank, Specialized Asset Recovery Branch branch (Hyderabad, Telangana) is PSIB0021558. Its MICR code is 500023008. 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 021558 — identifies Specialized Asset Recovery Branch
MICR 500023008 — city 500, bank 023, branch 008
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 Hyderabad

Branch	IFSC	MICR
Nadergul PUNJAB & SIND BANK, D.NO 10-103/1/8, PLOT NO 8, SIDHARTHA NAGAR COLONY, NADERGUL, RANGA RE	PSIB0021707	501023002
Isnapur, Sangareddy PUNJAB & SIND BANK, PLOT NO 42/A, MUTHANGI, ISNAPUR X ROAD, PATENCHERU, SANGA REDDY DISTRI	PSIB0021708	502023002
Kompally H.NO 3-131, PLOT NO 24, KOMPALLY VILLAGE, DHULAPALLY ROAD, MEDCHAL MALKAJGIRI DISTRICT, TE	PSIB0021719	500023009
Neredmet Ecil GF, HNO 1 1 262 5 PLOT NO 71, SY NO 470 TO 472, SRINIVASNAGAR HOUSING COLONY, ECIL, HYDERA	PSIB0021759	500023010

Frequently asked questions

What is the IFSC code of Punjab and Sind Specialized Asset Recovery Branch?

PSIB0021558. It identifies the Specialized Asset Recovery Branch branch of Punjab & Sind Bank in Hyderabad, Telangana.

What is the MICR code of Punjab and Sind Specialized Asset Recovery Branch?

500023008. It is printed at the bottom of cheques issued by this branch.

Where is Punjab and Sind Specialized Asset Recovery Branch branch?

METRO ESTATE, 7, ABIDS ROAD, HYDERABAD, TELANGANA -500001, Telangana.

Does PSIB0021558 support NEFT, RTGS and IMPS?

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

What do the parts of PSIB0021558 mean?

PSIB is the bank code of Punjab & Sind Bank, the 5th character "0" is reserved by the RBI, and 021558 is the branch code of Specialized Asset Recovery Branch.