Well the Punjab & Sind Bank is a government-owned bank, with headquarters in New Delhi


There are basically 3 ways to transfer the money


1. Self/ Linked Accounts Funds/Money Transfer:

It allows a user to transfer funds to his own account or an account linked to his e-Banking User ID.

2. Third Party Funds Transfer:

It allows a user to transfer fund from his own account to other's account in Punjab & Sind Bank's CBS Branch.

3. External Funds Transfer (NEFT):

It allows a user to transfer fund to an account maintained in other Banks in India. Following options are available

Money Transfer Limits

No Type of Limit Default/Maximum Limits Default Limts
Retail Customers Privileged Retail Corporate Customers

1 Daily 75,000 1,00,000 1,00,000

2 Weekly 3,00,000 4,00,000 5,00,000

3 Monthly 7,50,000 10,00,000 10,00,000

4 Yearly 60,00,000 80,00,000 1,00,00,000