There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Punjab And Sind Bank for its Dehradun Rajpur Road branch in Dehra Dun, Dehradun, Uttarakhand, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Punjab And Sind Bank situated in Dehra Dun or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code PSIB0000100. You should 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, Dehradun Rajpur Road, Dehra Dun
Here are some of the key details that come with the IFSC Code PSIB0000100 of Punjab And Sind Bank for its branch located in Dehra Dun, within the district of Dehradun in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0000100 |
| Branch | Dehradun Rajpur Road |
| City | Dehra Dun |
| District | Dehradun |
| State | Uttarakhand |
| Address | 7,Esllay Hall Rajpur Road Dehradun-248001 |
These details helps users in online banking and for businesses and individuals who use Punjab And Sind Bank in Dehra Dun for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000100 for the Dehradun Rajpur Road 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 provided by the Reserve Bank of India. Every bank branch, including Punjab And Sind Bank located in Dehradun Rajpur Road, Dehra Dun, Uttarakhand, is provided with a unique IFSC like PSIB0000100 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Punjab And Sind Bank branch in Dehra Dun.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Dehra Dun and Dehradun.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Dehradun Rajpur Road do not get mixed with another location.
Format of the IFSC Code PSIB0000100
The format of the IFSC Code for banks, including Punjab And Sind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Punjab And Sind Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dehradun Rajpur Road in Dehra Dun.
For example, the IFSC Code PSIB0000100 of Punjab And Sind Bank for the Dehradun Rajpur Road branch includes these elements, identifying the bank and the branch location in Dehra Dun and Uttarakhand accurately.
How to Find IFSC Code for Punjab And Sind Bank?
To find the IFSC Code PSIB0000100 of Punjab And Sind Bank for its Dehradun Rajpur Road branch located in Dehra Dun, 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 Dehra Dun and Dehradun, 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 Dehradun Rajpur Road or Dehra Dun to find the exact IFSC Code PSIB0000100.
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 Dehra Dun will provide accurate information.
How to Use IFSC Code PSIB0000100 for Online Transfers?
Once you have the IFSC Code PSIB0000100 for the Dehradun Rajpur Road branch of Punjab And Sind Bank in Dehra Dun, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0000100. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Punjab And Sind Bank IFSC Code PSIB0000100.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab And Sind Bank Dehradun Rajpur Road in Dehra Dun, it can 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 Dehradun Rajpur Road, 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 Dehra Dun to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dehradun Rajpur Road Dehra Dun branch is PSIB0000100.
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 7,Esllay Hall Rajpur Road Dehradun-248001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.