The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Punjab And Sind Bank for its Hing Ki Mandi, Agra branch in Agra, Agra, Uttar Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Punjab And Sind Bank located in Agra or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PSIB0000234. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab And Sind Bank, Hing Ki Mandi, Agra, Agra
Below in the table are the key details related to IFSC Code PSIB0000234 of Punjab And Sind Bank for its branch located in Agra, within the district of Agra in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0000234 |
| Branch | Hing Ki Mandi, Agra |
| City | Agra |
| District | Agra |
| State | Uttar Pradesh |
| Address | Hing Ki Mandi, Agra |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab And Sind Bank in Agra for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000234 for the Hing Ki Mandi, Agra branch of Punjab And Sind Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Punjab And Sind Bank located in Hing Ki Mandi, Agra, Agra, Uttar Pradesh, are given a unique IFSC like PSIB0000234 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Agra.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Agra and Agra.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Punjab And Sind Bank in Hing Ki Mandi, Agra goes to the correct branch. This is important because Punjab And Sind Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code PSIB0000234
This is the format of the IFSC Code for banks, including Punjab And Sind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Punjab And Sind Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Hing Ki Mandi, Agra in Agra.
For example, the IFSC Code PSIB0000234 of Punjab And Sind Bank for the Hing Ki Mandi, Agra branch includes these elements, identifying the bank and the branch location in Agra and Uttar Pradesh accurately.
How to Find IFSC Code for Punjab And Sind Bank?
If you are looking for the IFSC Code PSIB0000234 of Punjab And Sind Bank for its Hing Ki Mandi, Agra branch located in Agra, the following methods can help:
Cheque Book
The cheque book that is issued by Punjab And Sind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Punjab And Sind Bank branches in Agra and Agra, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Punjab And Sind Bank and look for the branch locator section, then search for Hing Ki Mandi, Agra or Agra to get the exact IFSC Code PSIB0000234.
Mobile Banking App
If you use Punjab And Sind Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab And Sind Bank and Agra, then it will provide you proper information.
How to Use IFSC Code PSIB0000234 for Online Transfers?
Once you have the IFSC Code PSIB0000234 for the Hing Ki Mandi, Agra branch of Punjab And Sind Bank in Agra, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0000234. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Punjab And Sind Bank IFSC Code PSIB0000234.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab And Sind Bank Hing Ki Mandi, Agra in Agra, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Punjab And Sind Bank in Hing Ki Mandi, Agra, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Punjab And Sind Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Agra manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0000234.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Hing Ki Mandi, Agra located in Agra, Agra, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
