IFSC Code, MICR Codes for PUNJAB AND SIND BANK in PUNJAB - MOGA - SAMALSAR - SMALSAR

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


IFSC Code

PSIB0000035

MICR Code

NA

Branch

SMALSAR

Contact

0

Address

SMALSAR DISTT. MOGA PUNJAB - 142049

City

SAMALSAR

District

MOGA

State

PUNJAB





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

PSIB0000035

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.