For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Punjab And Sind Bank for its Choli Shahabuddinpur branch in Haridwar, Churiyala, Uttarakhand, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Punjab And Sind Bank located in Haridwar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code PSIB0000652. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab And Sind Bank, Choli Shahabuddinpur, Haridwar

Here are some of the key details that come with the IFSC Code PSIB0000652 of Punjab And Sind Bank for its branch located in Haridwar, within the district of Churiyala in the state of Uttarakhand.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0000652
Branch Choli Shahabuddinpur
City Haridwar
District Churiyala
State Uttarakhand
Address Chouli Shabbuddin Pur P O Khubban Pur, Distt. Haridwar, Uttarakhand - 247661

These details help users in online banking and for businesses and individuals who use Punjab And Sind Bank in Haridwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000652 for the Choli Shahabuddinpur 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, including Punjab And Sind Bank located in Choli Shahabuddinpur, Haridwar, Uttarakhand, is provided with a unique IFSC like PSIB0000652 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 Haridwar.
  • 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 Haridwar and Churiyala.
  • 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 Choli Shahabuddinpur do not get mixed with another location.

Format of the IFSC Code PSIB0000652

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 Choli Shahabuddinpur in Haridwar.

For example, the IFSC Code PSIB0000652 of Punjab And Sind Bank for the Choli Shahabuddinpur branch includes these elements, identifying the bank and the branch location in Haridwar and Uttarakhand accurately.

How to Find IFSC Code for Punjab And Sind Bank?

If you are trying to find the IFSC Code PSIB0000652 of Punjab And Sind Bank for its Choli Shahabuddinpur branch located in Haridwar, the following methods can help:

Cheque Book

The cheque books that are issued by Punjab And Sind Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Punjab And Sind Bank branches in Haridwar and Churiyala, 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 find the branch locator section. Search for Choli Shahabuddinpur or Haridwar to get the exact IFSC Code PSIB0000652.

Mobile Banking App

If you use Punjab And Sind Bank's mobile app, you can easily 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 to help you in searching for Punjab And Sind Bank and Haridwar that will provide accurate information.

How to Use IFSC Code PSIB0000652 for Online Transfers?

If you have the IFSC Code PSIB0000652 for the Choli Shahabuddinpur branch of Punjab And Sind Bank in Haridwar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PSIB0000652. Transfers are processed in batches. 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. Asks for the recipient's account details and Punjab And Sind Bank IFSC Code PSIB0000652.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Punjab And Sind Bank Choli Shahabuddinpur in Haridwar, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Punjab And Sind Bank in Choli Shahabuddinpur, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Haridwar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab And Sind Bank Choli Shahabuddinpur Haridwar?

The IFSC Code of the Choli Shahabuddinpur Haridwar branch is PSIB0000652.

Is IFSC Code PSIB0000652 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Punjab And Sind Bank Choli Shahabuddinpur branch?

The branch is located at Chouli Shabbuddin Pur P O Khubban Pur, Distt. Haridwar, Uttarakhand - 247661.

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.