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 Brookefield Bangalore branch in Bangalore Urban, Bangalore, Karnataka, 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 Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PSIB0021067. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab And Sind Bank, Brookefield Bangalore, Bangalore Urban
The table below shows the main details of the IFSC Code PSIB0021067 for the Punjab And Sind Bank branch in Bangalore Urban, which falls under the Bangalore district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0021067 |
| Branch | Brookefield Bangalore |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | No. 113/1 B, Ground Floor, Itpl, Main Road, Brook Fields, Bangalore, Karnataka -560037 |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab And Sind Bank in Bangalore Urban for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0021067 for the Brookefield Bangalore branch of Punjab And Sind Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PSIB0021067 is given to every bank branch, including Punjab And Sind Bank located in Brookefield Bangalore, Bangalore Urban, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Punjab And Sind Bank branch in Bangalore Urban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Bangalore Urban and Bangalore.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Brookefield Bangalore doesn't end up at another location.
Format of the IFSC Code PSIB0021067
The format of the IFSC Code for banks, including Punjab And Sind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Punjab And Sind Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Brookefield Bangalore in Bangalore Urban.
For example, the IFSC Code PSIB0021067 of Punjab And Sind Bank for the Brookefield Bangalore branch has these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka correctly.
How to Find IFSC Code for Punjab And Sind Bank?
If you are trying to find the IFSC Code PSIB0021067 of Punjab And Sind Bank for its Brookefield Bangalore branch located in Bangalore Urban, the following methods can help:
Cheque Book
The cheque book issued by Punjab And Sind Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Punjab And Sind Bank branches in Bangalore Urban and Bangalore, print them on the first page of your passbook.
Bank Website
Visit the official website of Punjab And Sind Bank and navigate to the branch locator section. Search for Brookefield Bangalore or Bangalore Urban to get the exact IFSC Code PSIB0021067.
Mobile Banking App
If you use Punjab And Sind Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Punjab And Sind Bank and Bangalore Urban, you'll get the correct details.
How to Use IFSC Code PSIB0021067 for Online Transfers?
Once you have the IFSC Code PSIB0021067 for the Brookefield Bangalore branch of Punjab And Sind Bank in Bangalore Urban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PSIB0021067. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Punjab And Sind Bank IFSC Code PSIB0021067.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Punjab And Sind Bank Brookefield Bangalore in Bangalore Urban, your payment can get delayed or might not go through at all.
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 Brookefield Bangalore, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Bangalore Urban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Brookefield Bangalore Bangalore Urban branch is PSIB0021067.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at No. 113/1 B, Ground Floor, Itpl, Main Road, Brook Fields, Bangalore, Karnataka -560037.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.