IFSC Code, MICR Codes for PUNJAB AND SIND BANK in PUNJAB - LUDHIANA - LUDHIANA - LUDHIANA SABUN BAZAR LUDHIANA

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


IFSC Code

PSIB0000002

MICR Code

141023016

Branch

LUDHIANA SABUN BAZAR LUDHIANA

Contact

2722767

Address

SABAN BAZAR LUDHIANA

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of PUNJAB AND SIND BANK situated at LUDHIANA SABUN BAZAR LUDHIANA- RTGS-HO?
IFSC Code of PUNJAB AND SIND BANK situated at LUDHIANA SABUN BAZAR LUDHIANA - RTGS-HO is

PSIB0000002

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.