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

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


IFSC Code

PSIB0000159

MICR Code

141023025

Branch

SUNET

Contact

2456115

Address

OPP MILK PLANT FEROZPUR ROAD SUNET LUDHIANA

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





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

PSIB0000159

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.