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 Guru Amardas Charitable Hospital branch in Bareilly, Bareilly, 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 Bareilly or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PSIB0000834. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab And Sind Bank, Guru Amardas Charitable Hospital, Bareilly
Here are some of the key details that come with the IFSC Code PSIB0000834 of Punjab And Sind Bank for its branch located in Bareilly, within the district of Bareilly in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0000834 |
| Branch | Guru Amardas Charitable Hospital |
| City | Bareilly |
| District | Bareilly |
| State | Uttar Pradesh |
| Address | Guru Amardas Charitable Hospital Bareilly |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab And Sind Bank in Bareilly for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000834 for the Guru Amardas Charitable Hospital 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 provided by the Reserve Bank of India. Every bank branch, along with Punjab And Sind Bank located in Guru Amardas Charitable Hospital, Bareilly, Uttar Pradesh, are given a unique IFSC like PSIB0000834 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bareilly.
- 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 Bareilly and Bareilly.
- 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 Guru Amardas Charitable Hospital 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 PSIB0000834
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): 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 Guru Amardas Charitable Hospital in Bareilly.
For example, the IFSC Code PSIB0000834 of Punjab And Sind Bank for the Guru Amardas Charitable Hospital branch includes these elements, identifying the bank and the branch location in Bareilly and Uttar Pradesh accurately.
How to Find IFSC Code for Punjab And Sind Bank?
If you are trying to find the IFSC Code PSIB0000834 of Punjab And Sind Bank for its Guru Amardas Charitable Hospital 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 Guru Amardas Charitable Hospital or Bareilly to get the exact IFSC Code PSIB0000834.
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 PSIB0000834 for Online Transfers?
Once you have the IFSC Code PSIB0000834 for the Guru Amardas Charitable Hospital branch of Punjab And Sind Bank in Bareilly, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0000834. Transfers are processed in batches. This is suitable for 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 PSIB0000834.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Punjab And Sind Bank Guru Amardas Charitable Hospital in Bareilly may 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 Guru Amardas Charitable Hospital, 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 PSIB0000834.
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 Guru Amardas Charitable Hospital Bareilly located in Bareilly, Bareilly, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.