IFSC Code, MICR Codes for PUNJAB AND SIND BANK in PUNJAB - PATIALA - LALRU - LALRU (SSI)

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


IFSC Code

PSIB0000703

MICR Code

NA

Branch

LALRU (SSI)

Contact

0

Address

CHANDIGARH ROAD LALRU TEHSIL DERA BASSI DISTRICT PATIALA PUNJAB-140501

City

LALRU

District

PATIALA

State

PUNJAB





What is IFSC Code of PUNJAB AND SIND BANK situated at LALRU (SSI)- RTGS-HO?
IFSC Code of PUNJAB AND SIND BANK situated at LALRU (SSI) - RTGS-HO is

PSIB0000703

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.