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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Punjab And Sind Bank for its Surewala branch in Hanumangarh, Surewala, or Rajasthan, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Punjab And Sind Bank located in Hanumangarh or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code PSIB0000172. 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, Surewala, Hanumangarh

Here are the main details that are associated with the IFSC Code PSIB0000172 of Punjab And Sind Bank for its branch located in Hanumangarh, within the district of Surewala in the state of Rajasthan.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0000172
Branch Surewala
City Hanumangarh
District Surewala
State Rajasthan
Address Serewala, Distt. Hanumangarh, Rajasthan - 335515

These details are important not only for users using online banking but also for businesses and individuals who use Punjab And Sind Bank in Hanumangarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PSIB0000172 for the Surewala branch of Punjab And Sind Bank is vital.

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 Surewala, Hanumangarh, Rajasthan, are given a unique IFSC like PSIB0000172 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 Surewala.
  • 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 Surewala 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 PSIB0000172

The format of the IFSC Code for banks, including Punjab And Sind Bank, has 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 Surewala in Hanumangarh.

For example, the IFSC Code PSIB0000172 of Punjab And Sind Bank for the Surewala branch includes these elements, identifying the bank and the branch location in Hanumangarh and Rajasthan correctly.

How to Find IFSC Code for Punjab And Sind Bank?

If you are trying to find the IFSC Code PSIB0000172 of Punjab And Sind Bank for its Surewala branch located in Hanumangarh, 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

You can easily find the IFSC and MICR codes because most banks, including Punjab And Sind Bank branches in Hanumangarh and Surewala, print them 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 Surewala or Hanumangarh to get the exact IFSC Code PSIB0000172.

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 Hanumangarh, you'll get the correct details.

How to Use IFSC Code PSIB0000172 for Online Transfers?

Once you have the IFSC Code PSIB0000172 for the Surewala 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 PSIB0000172. 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 PSIB0000172.

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 Surewala in Hanumangarh, 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 Surewala, 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 Hanumangarh manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is PSIB0000172.

Is the IFSC Code PSIB0000172 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 Surewala?

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 Surewala branch?

The address of the branch is Serewala, Distt. Hanumangarh, Rajasthan - 335515 located in Hanumangarh, Surewala, 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.