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 Cenmarg Gandhinagar branch in Gandhi Nagar, Gandhinagar, Gujarat, 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 Gandhi Nagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code PSIB0009066. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab And Sind Bank, Cenmarg Gandhinagar, Gandhi Nagar
The table below shows the main details of the IFSC Code PSIB0009066 for the Punjab And Sind Bank branch in Gandhi Nagar, which falls under the Gandhinagar district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0009066 |
| Branch | Cenmarg Gandhinagar |
| City | Gandhi Nagar |
| District | Gandhinagar |
| State | Gujarat |
| Address | Unit 4 3Rd Floor Gift Tower One Gift City Gandhinagar Gujarat 382355 |
These details help users in online banking and for businesses and individuals who use Punjab And Sind Bank in Gandhi Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0009066 for the Cenmarg Gandhinagar 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Punjab And Sind Bank located in Cenmarg Gandhinagar, Gandhi Nagar, Gujarat, are allotted a unique IFSC like PSIB0009066 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gandhi Nagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gandhi Nagar and Gandhinagar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Punjab And Sind Bank in Cenmarg Gandhinagar reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code PSIB0009066
This is the format of the IFSC Code for banks, including Punjab And Sind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Punjab And Sind Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Cenmarg Gandhinagar in Gandhi Nagar.
For example, the IFSC Code PSIB0009066 of Punjab And Sind Bank for the Cenmarg Gandhinagar branch includes these elements, identifying the bank and the branch location in Gandhi Nagar and Gujarat accurately.
How to Find IFSC Code for Punjab And Sind Bank?
If you are trying to find the IFSC Code PSIB0009066 of Punjab And Sind Bank for its Cenmarg Gandhinagar branch located in Gandhi Nagar, 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
Most banks, including Punjab And Sind Bank branches in Gandhi Nagar and Gandhinagar, print the IFSC and MICR codes 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 Cenmarg Gandhinagar or Gandhi Nagar to get the exact IFSC Code PSIB0009066.
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 Gandhi Nagar, you'll get the correct details.
How to Use IFSC Code PSIB0009066 for Online Transfers?
Once you have the IFSC Code PSIB0009066 for the Cenmarg Gandhinagar branch of Punjab And Sind Bank in Gandhi Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0009066. 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 PSIB0009066.
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 Cenmarg Gandhinagar in Gandhi Nagar 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 Cenmarg Gandhinagar, 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 Gandhi Nagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0009066.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Unit 4 3Rd Floor Gift Tower One Gift City Gandhinagar Gujarat 382355 located in Gandhi Nagar, Gandhinagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.