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 Tohana branch in Fatehabad, Tohana, Haryana, 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 Fatehabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code PSIB0021138. 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, Tohana, Fatehabad
Here are some of the key details that come with the IFSC Code PSIB0021138 of Punjab And Sind Bank for its branch located in Fatehabad, within the district of Tohana in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0021138 |
| Branch | Tohana |
| City | Fatehabad |
| District | Tohana |
| State | Haryana |
| Address | Gurudwara Shree Singh Sabha Near Railway Station Tohana Distt Fatehabad |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab And Sind Bank in Fatehabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PSIB0021138 for the Tohana branch of Punjab And Sind Bank is vital.
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 Tohana, Fatehabad, Haryana, is provided a unique IFSC like PSIB0021138 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 Fatehabad.
- 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 Fatehabad and Tohana.
- 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Tohana do not get misguided to another person.
Format of the IFSC Code PSIB0021138
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): These represent the bank code. In Punjab And Sind Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tohana in Fatehabad.
For example, the IFSC Code PSIB0021138 of Punjab And Sind Bank for the Tohana branch has these elements, identifying the bank and the branch location in Fatehabad and Haryana correctly.
How to Find IFSC Code for Punjab And Sind Bank?
To find the IFSC Code PSIB0021138 of Punjab And Sind Bank for its Tohana branch located in Fatehabad, 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 Fatehabad and Tohana, 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 Tohana or Fatehabad to find the exact IFSC Code PSIB0021138.
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 Fatehabad will provide accurate information.
How to Use IFSC Code PSIB0021138 for Online Transfers?
Once you have the IFSC Code PSIB0021138 for the Tohana branch of Punjab And Sind Bank in Fatehabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0021138. 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 PSIB0021138.
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 Tohana in Fatehabad 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 Tohana, 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 Fatehabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tohana Fatehabad branch is PSIB0021138.
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 Gurudwara Shree Singh Sabha Near Railway Station Tohana Distt Fatehabad.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.