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 Dakhingaon branch in Chirang, Dakhingaon, Assam, 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 Chirang or anywhere in Assam can transfer funds instantly by using the correct IFSC Code PSIB0021618. 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, Dakhingaon, Chirang
Here are the main details that are associated with the IFSC Code PSIB0021618 of Punjab And Sind Bank for its branch located in Chirang, within the district of Dakhingaon in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0021618 |
| Branch | Dakhingaon |
| City | Chirang |
| District | Dakhingaon |
| State | Assam |
| Address | Dakhingaon Fv Santipur Village Ps - Runikhata Dist - Chirang Btr Assam - 783375 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab And Sind Bank in Chirang for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0021618 for the Dakhingaon 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab And Sind Bank located in Dakhingaon, Chirang, Assam, is provided a unique IFSC like PSIB0021618 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 Chirang.
- 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 Chirang and Dakhingaon.
- 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 Assam and the rest of India, the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Dakhingaon do not get misguided to another person.
Format of the IFSC Code PSIB0021618
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 Dakhingaon in Chirang.
For example, the IFSC Code PSIB0021618 of Punjab And Sind Bank for the Dakhingaon branch includes these elements, identifying the bank and the branch location in Chirang and Assam accurately.
How to Find IFSC Code for Punjab And Sind Bank?
To find the IFSC Code PSIB0021618 of Punjab And Sind Bank for its Dakhingaon branch located in Chirang, the following methods can help you out:
Cheque Book
The cheque book issued by Punjab And Sind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Punjab And Sind Bank branches in Chirang and Dakhingaon, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Punjab And Sind Bank and go to the branch locator section. Then search for Dakhingaon or Chirang to find the exact IFSC Code PSIB0021618.
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 maintains an updated database of all IFSC codes. Searching for Punjab And Sind Bank and Chirang will provide accurate information.
How to Use IFSC Code PSIB0021618 for Online Transfers?
Once you have the IFSC Code PSIB0021618 for the Dakhingaon branch of Punjab And Sind Bank in Chirang, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PSIB0021618. 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 PSIB0021618.
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 Dakhingaon in Chirang, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Punjab And Sind Bank in Dakhingaon, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Punjab And Sind Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Chirang manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dakhingaon Chirang branch is PSIB0021618.
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 Dakhingaon Fv Santipur Village Ps - Runikhata Dist - Chirang Btr Assam - 783375.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.