The music was critically praised and described as "a sensation in the Kannada film music industry". Rediff wrote, "What makes Psycho click with the audience is its unbelievable music... There is magic in Raghu's songs and also in the background score. The songs that rocked before the film's release are wonderfully picturised". Nowrunning wrote, "Raghu Dixit has composed some unbelievable tunes in the film. "Nanna Poojege Bande Maadeshwara" is the top song of the album, but equally other songs of the film also rock. "Beladingalaagi", "Ee Thanuvu" are also best of the lot. Raghu has really brought out some freshness through his fusion music". Oneindia wrote, "One of the highlights is the music composed by Raghu Dixit. The songs are good". Indiaglitz wrote, "The compositions are too good, sung in low, middle and high pitch. Psycho is a perfect mix of good film music. In the debut film music and singing Raghu Dixit has created a sensation".
It was also well received by the audiences. The ringtone of the song "Ninna Poojege Bande Mahadeshwara" was downloaded by 3,00,000 people in two months.