IFSC Code, MICR Codes for PUNJAB AND SIND BANK in PUNJAB - FARIDKOT - KOT KAPURA - PUNJ GRAIN

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


IFSC Code

PSIB0020996

MICR Code

NA

Branch

PUNJ GRAIN

Contact

262533

Address

VPO PUNJ GRAIN KALAN KOTKAPURA MOGA ROAD DISTT FARIDKOT DISTT. FARIDKOT PUNJAB -

City

KOT KAPURA

District

FARIDKOT

State

PUNJAB





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

PSIB0020996

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.