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

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


IFSC Code

PSIB0000457

MICR Code

NA

Branch

SHERON

Contact

503112

Address

VILLAGE SHERON DISTT. TARN TARAN PUNJAB - 143411

City

SHERON

District

AMRITSAR

State

PUNJAB





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

PSIB0000457

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.