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 Sangria branch in Hanumangarh, Sangaria, Rajasthan, 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 Hanumangarh or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code PSIB0021293. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Punjab And Sind Bank, Sangria, Hanumangarh

Here are the main details that are associated with the IFSC Code PSIB0021293 of Punjab And Sind Bank for its branch located in Hanumangarh, within the district of Sangaria in the state of Rajasthan.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0021293
Branch Sangria
City Hanumangarh
District Sangaria
State Rajasthan
Address Bazar Para Vill Muli Po Muli District Kondagaon Pin 494222 State Chhattisgarh

These details helps users in online banking and for businesses and individuals who use Punjab And Sind Bank in Hanumangarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0021293 for the Sangria 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, along with Punjab And Sind Bank located in Sangria, Hanumangarh, Rajasthan, are given a unique IFSC like PSIB0021293 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hanumangarh.
  • 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 Hanumangarh and Sangaria.
  • 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 Sangria goes to the correct branch. This is important because Punjab And Sind Bank has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PSIB0021293

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 Sangria in Hanumangarh.

For example, the IFSC Code PSIB0021293 of Punjab And Sind Bank for the Sangria branch includes these elements, identifying the bank and the branch location in Hanumangarh and Rajasthan accurately.

How to Find IFSC Code for Punjab And Sind Bank?

To find the IFSC Code PSIB0021293 of Punjab And Sind Bank for its Sangria branch located in Hanumangarh, 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 Hanumangarh and Sangaria, 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 Sangria or Hanumangarh to find the exact IFSC Code PSIB0021293.

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 Hanumangarh will provide accurate information.

How to Use IFSC Code PSIB0021293 for Online Transfers?

Once you have the IFSC Code PSIB0021293 for the Sangria branch of Punjab And Sind Bank in Hanumangarh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PSIB0021293. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 PSIB0021293.

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 Sangria in Hanumangarh, your payment can get delayed or might not go through at all.

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 Sangria, 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 Hanumangarh to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab And Sind Bank in Sangria, Hanumangarh?

The IFSC Code is PSIB0021293.

Is the IFSC Code PSIB0021293 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Punjab And Sind Bank Sangria?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sangria branch?

The address of the branch is Bazar Para Vill Muli Po Muli District Kondagaon Pin 494222 State Chhattisgarh located in Hanumangarh, Sangaria, Rajasthan.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.