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

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


IFSC Code

PSIB0000469

MICR Code

NA

Branch

JHEEL PATIALA

Contact

0

Address

JHILL INDUSTRIAL AREADISTT. PATIALA PUNJAB-147001

City

PATIALA

District

PATIALA

State

PUNJAB





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

PSIB0000469

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.