IFSC Code, MICR Codes for PUNJAB AND SIND BANK in PUNJAB - PATIALA - GHAGGA - GHAGGA

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


IFSC Code

PSIB0000070

MICR Code

NA

Branch

GHAGGA

Contact

252263

Address

GHAGGA DISTT. PATIALA PUNJAB - 147102

City

GHAGGA

District

PATIALA

State

PUNJAB





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

PSIB0000070

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.