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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab And Sind Bank for its Deoli branch in Jammu, Deoli, Jammu And Kashmir, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Punjab And Sind Bank located in Jammu or anywhere in Jammu And Kashmir can transfer funds instantly by using the correct IFSC Code PSIB0021147. 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, Deoli, Jammu
Below in the table are the key details related to IFSC Code PSIB0021147 of Punjab And Sind Bank for its branch located in Jammu, within the district of Deoli in the state of Jammu And Kashmir.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0021147 |
| Branch | Deoli |
| City | Jammu |
| District | Deoli |
| State | Jammu And Kashmir |
| Address | D 15 1 Cisf Link Road Opp Kala Haththa Deoli Distt Tonk Rajasthan 304023 |
These details help users in online banking and for businesses and individuals who use Punjab And Sind Bank in Jammu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0021147 for the Deoli 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 Deoli, Jammu, Jammu And Kashmir, is provided with a unique IFSC like PSIB0021147 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 Jammu.
- 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 Jammu and Deoli.
- 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 Jammu And Kashmir and the rest of India and the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Deoli do not get mixed with another location.
Format of the IFSC Code PSIB0021147
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 Deoli in Jammu.
For example, the IFSC Code PSIB0021147 of Punjab And Sind Bank for the Deoli branch includes these elements, identifying the bank and the branch location in Jammu and Jammu And Kashmir correctly.
How to Find IFSC Code for Punjab And Sind Bank?
If you are trying to find the IFSC Code PSIB0021147 of Punjab And Sind Bank for its Deoli branch located in Jammu, 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 Jammu and Deoli, 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 Deoli or Jammu to get the exact IFSC Code PSIB0021147.
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 Jammu, you'll get the correct details.
How to Use IFSC Code PSIB0021147 for Online Transfers?
Once you have the IFSC Code PSIB0021147 for the Deoli branch of Punjab And Sind Bank in Jammu, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PSIB0021147. 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 PSIB0021147.
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 Deoli in Jammu, 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 Deoli, 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 Jammu manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0021147.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is D 15 1 Cisf Link Road Opp Kala Haththa Deoli Distt Tonk Rajasthan 304023 located in Jammu, Deoli, Jammu And Kashmir.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.