IFSC Code, MICR Codes for PUNJAB AND SIND BANK in MAHARASHTRA - GREATER BOMBAY - MUMBAI - IBD MUMBAI

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


IFSC Code

PSIB0000631

MICR Code

400023014

Branch

IBD MUMBAI

Contact

0

Address

DILWARA SOCIETY8-M.K.ROAD NARIMAN POINT MUMBAI

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





What is IFSC Code of PUNJAB AND SIND BANK situated at IBD MUMBAI- RTGS-HO?
IFSC Code of PUNJAB AND SIND BANK situated at IBD MUMBAI - RTGS-HO is

PSIB0000631

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.