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IFSC Code of Punjab And Sind Bank, Bareilly Model Town, Bareilly, Uttar Pradesh — PSIB0000726

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab And Sind Bank for its Bareilly Model Town branch in Bareilly, Bareilly, Uttar Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Punjab And Sind Bank located in Bareilly or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PSIB0000726. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab And Sind Bank, Bareilly Model Town, Bareilly

The table below shows the main details of the IFSC Code PSIB0000726 for the Punjab And Sind Bank branch in Bareilly, which falls under the Bareilly district in Uttar Pradesh.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0000726
Branch Bareilly Model Town
City Bareilly
District Bareilly
State Uttar Pradesh
Address 21 A Model Town Bareilly 243122

These details helps users in online banking and for businesses and individuals who use Punjab And Sind Bank in Bareilly for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000726 for the Bareilly Model Town branch of Punjab And Sind Bank plays a vital 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 PSIB0000726 is given to every bank branch, including Punjab And Sind Bank located in Bareilly Model Town, Bareilly, Uttar Pradesh, 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 Bareilly.
  • 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 Bareilly and Bareilly.
  • 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Bareilly Model Town doesn't end up at another location.

Format of the IFSC Code PSIB0000726

The format of the IFSC Code for banks, including Punjab And Sind Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Punjab And Sind Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bareilly Model Town in Bareilly.

For example, the IFSC Code PSIB0000726 of Punjab And Sind Bank for the Bareilly Model Town branch includes these elements, identifying the bank and the branch location in Bareilly and Uttar Pradesh correctly.

How to Find IFSC Code for Punjab And Sind Bank?

If you are trying to find the IFSC Code PSIB0000726 of Punjab And Sind Bank for its Bareilly Model Town branch located in Bareilly, 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

Most banks, including Punjab And Sind Bank branches in Bareilly and Bareilly, print the IFSC and MICR codes 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 Bareilly Model Town or Bareilly to get the exact IFSC Code PSIB0000726.

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 Bareilly, you'll get the correct details.

How to Use IFSC Code PSIB0000726 for Online Transfers?

Once you have the IFSC Code PSIB0000726 for the Bareilly Model Town branch of Punjab And Sind Bank in Bareilly, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PSIB0000726. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 PSIB0000726.

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 Bareilly Model Town in Bareilly, 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 Bareilly Model Town, 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 Bareilly to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab And Sind Bank in Bareilly Model Town, Bareilly?

The IFSC Code is PSIB0000726.

Is the IFSC Code PSIB0000726 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Punjab And Sind Bank Bareilly Model Town?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bareilly Model Town branch?

The address of the branch is 21 A Model Town Bareilly 243122 located in Bareilly, Bareilly, Uttar Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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