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 Orai branch in Jalaun, Orai, or Uttar Pradesh, 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 Jalaun or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PSIB0021383. 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, Orai, Jalaun
Below in the table are the key details related to IFSC Code PSIB0021383 of Punjab And Sind Bank for its branch located in Jalaun, within the district of Orai in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0021383 |
| Branch | Orai |
| City | Jalaun |
| District | Orai |
| State | Uttar Pradesh |
| Address | Opp Distt Court, Kalpi Road, Distt. Orai, Uttar Pradesh 285001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Punjab And Sind Bank in Jalaun for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0021383 for the Orai branch of Punjab And Sind Bank has an 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 Orai, Jalaun, Uttar Pradesh, are allotted a unique IFSC like PSIB0021383 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jalaun.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jalaun and Orai.
- 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 Orai reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.
Format of the IFSC Code PSIB0021383
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 Orai in Jalaun.
For example, the IFSC Code PSIB0021383 of Punjab And Sind Bank for the Orai branch has these elements, identifying the bank and the branch location in Jalaun and Uttar Pradesh correctly.
How to Find IFSC Code for Punjab And Sind Bank?
If you are trying to find the IFSC Code PSIB0021383 of Punjab And Sind Bank for its Orai branch located in Jalaun, 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 Jalaun and Orai, 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 Orai or Jalaun to get the exact IFSC Code PSIB0021383.
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 Jalaun, you'll get the correct details.
How to Use IFSC Code PSIB0021383 for Online Transfers?
If you have the IFSC Code PSIB0021383 for the Orai branch of Punjab And Sind Bank in Jalaun, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0021383. 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 PSIB0021383.
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 Orai in Jalaun, 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 Orai, 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 Jalaun manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0021383.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Opp Distt Court, Kalpi Road, Distt. Orai, Uttar Pradesh 285001 located in Jalaun, Orai, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.