IFSC Code, MICR Codes for PUNJAB AND SIND BANK in PUNJAB - MUKTSAR - CHAK SHEREWALA - CHAK SHERAWALA

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


IFSC Code

PSIB0000367

MICR Code

NA

Branch

CHAK SHERAWALA

Contact

251101

Address

CHAK SHERAWALA DISTT. MUKTSAR PUNJAB - 152012

City

CHAK SHEREWALA

District

MUKTSAR

State

PUNJAB





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

PSIB0000367

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.