IFSC Code, MICR Codes for PUNJAB AND SIND BANK in BIHAR - PATNA - PATNA - FRASER ROAD PATNA

PUNJAB AND SIND BANK RTGS HO Branch in PATNA - Address, IFSC, MICR Code


IFSC Code

PSIB0000174

MICR Code

800023002

Branch

FRASER ROAD PATNA

Contact

2221850

Address

42 FRASER ROAD PATNA

City

PATNA

District

PATNA

State

BIHAR





What is IFSC Code of PUNJAB AND SIND BANK situated at FRASER ROAD PATNA- RTGS-HO?
IFSC Code of PUNJAB AND SIND BANK situated at FRASER ROAD PATNA - RTGS-HO is

PSIB0000174

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.