There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Punjab And Sind Bank for its Shaitan Singh Nagar branch in Jodhpur, Shaitan Singh Nagar Jodhpur, Rajasthan, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Punjab And Sind Bank situated in Jodhpur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code PSIB0021578. You should 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, Shaitan Singh Nagar, Jodhpur
Here are the key points that are associated with the IFSC Code PSIB0021578 of Punjab And Sind Bank for its branch located in Jodhpur, within the district of Shaitan Singh Nagar Jodhpur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0021578 |
| Branch | Shaitan Singh Nagar |
| City | Jodhpur |
| District | Shaitan Singh Nagar Jodhpur |
| State | Rajasthan |
| Address | Vill Shaitan Singh Nagar Po Khichan Tehsil Lohawat Dist Jodhpur |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab And Sind Bank in Jodhpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PSIB0021578 for the Shaitan Singh Nagar 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, including Punjab And Sind Bank located in Shaitan Singh Nagar, Jodhpur, Rajasthan, is provided with a unique IFSC like PSIB0021578 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 Jodhpur.
- 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 Jodhpur and Shaitan Singh Nagar Jodhpur.
- 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 Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Shaitan Singh Nagar do not get mixed with another location.
Format of the IFSC Code PSIB0021578
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): 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 Shaitan Singh Nagar in Jodhpur.
For example, the IFSC Code PSIB0021578 of Punjab And Sind Bank for the Shaitan Singh Nagar branch includes these elements, identifying the bank and the branch location in Jodhpur and Rajasthan accurately.
How to Find IFSC Code for Punjab And Sind Bank?
If you are looking for the IFSC Code PSIB0021578 of Punjab And Sind Bank for its Shaitan Singh Nagar branch located in Jodhpur, the following methods can help:
Cheque Book
The cheque book that is issued by Punjab And Sind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Punjab And Sind Bank branches in Jodhpur and Shaitan Singh Nagar Jodhpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Punjab And Sind Bank and look for the branch locator section, then search for Shaitan Singh Nagar or Jodhpur to get the exact IFSC Code PSIB0021578.
Mobile Banking App
If you use Punjab And Sind Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab And Sind Bank and Jodhpur, then it will provide you proper information.
How to Use IFSC Code PSIB0021578 for Online Transfers?
If you have the IFSC Code PSIB0021578 for the Shaitan Singh Nagar branch of Punjab And Sind Bank in Jodhpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0021578. 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 PSIB0021578.
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 Shaitan Singh Nagar in Jodhpur, it may result in delayed or failed transactions.
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 Shaitan Singh Nagar, 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 Jodhpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0021578.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vill Shaitan Singh Nagar Po Khichan Tehsil Lohawat Dist Jodhpur located in Jodhpur, Shaitan Singh Nagar Jodhpur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.