IFSC Code, MICR Codes for PUNJAB AND SIND BANK in MAHARASHTRA - JALGAON - NANDED - NANDED

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


IFSC Code

PSIB0000220

MICR Code

NA

Branch

NANDED

Contact

242016

Address

SRI GURU GOVIND SINGH ROAD NANDED-431 601

City

NANDED

District

JALGAON

State

MAHARASHTRA





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

PSIB0000220

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.