IFSC Code, MICR Codes for PUNJAB AND SIND BANK in PUNJAB - AMRITSAR - AMRITSAR - RAILWAY ROAD

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


IFSC Code

PSIB0000400

MICR Code

143023018

Branch

RAILWAY ROAD

Contact

0

Address

RAILWAY ROAD AMRITSAR-143001

City

AMRITSAR

District

AMRITSAR

State

PUNJAB





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

PSIB0000400

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.