IFSC Code, MICR Codes for PUNJAB AND SIND BANK in MADHYA PRADESH - DEWAS - DOBLE CHOWNKEY - DOUBLE CHOWKI

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


IFSC Code

PSIB0000306

MICR Code

NA

Branch

DOUBLE CHOWKI

Contact

2866334

Address

DOUBLE CHOWKI DISTT. DEWAS MADHYA PRADESH - 251302

City

DOBLE CHOWNKEY

District

DEWAS

State

MADHYA PRADESH





What is IFSC Code of PUNJAB AND SIND BANK situated at DOUBLE CHOWKI- RTGS-HO?
IFSC Code of PUNJAB AND SIND BANK situated at DOUBLE CHOWKI - RTGS-HO is

PSIB0000306

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.