For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Punjab And Sind Bank for its Dhaura Tanda branch in Bareilly, Bareilly, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Punjab And Sind Bank located in Bareilly or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PSIB0021621. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab And Sind Bank, Dhaura Tanda, Bareilly
The table below shows the main details of the IFSC Code PSIB0021621 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 | PSIB0021621 |
| Branch | Dhaura Tanda |
| City | Bareilly |
| District | Bareilly |
| State | Uttar Pradesh |
| Address | Dhaura Tanda Near Bhart Gas Agency |
These details help 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 PSIB0021621 for the Dhaura Tanda branch of Punjab And Sind Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab And Sind Bank located in Dhaura Tanda, Bareilly, Uttar Pradesh, is provided a unique IFSC like PSIB0021621 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Punjab And Sind Bank branch in Bareilly.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bareilly and Bareilly.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Dhaura Tanda do not get misguided to another person.
Format of the IFSC Code PSIB0021621
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 Dhaura Tanda in Bareilly.
For example, the IFSC Code PSIB0021621 of Punjab And Sind Bank for the Dhaura Tanda 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 PSIB0021621 of Punjab And Sind Bank for its Dhaura Tanda 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
You can easily find the IFSC and MICR codes because most banks, including Punjab And Sind Bank branches in Bareilly and Bareilly, 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 Dhaura Tanda or Bareilly to get the exact IFSC Code PSIB0021621.
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 PSIB0021621 for Online Transfers?
Once you have the IFSC Code PSIB0021621 for the Dhaura Tanda 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 PSIB0021621. 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 PSIB0021621.
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 Dhaura Tanda 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 Dhaura Tanda, 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 Bareilly manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0021621.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dhaura Tanda Near Bhart Gas Agency located in Bareilly, Bareilly, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.