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 Aimi branch in Pilibhit, Ami, Uttar Pradesh, 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 Pilibhit or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code PSIB0000567. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab And Sind Bank, Aimi, Pilibhit
The table below shows the main details of the IFSC Code PSIB0000567 for the Punjab And Sind Bank branch in Pilibhit, which falls under the Ami district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0000567 |
| Branch | Aimi |
| City | Pilibhit |
| District | Ami |
| State | Uttar Pradesh |
| Address | Ami, Distt. Pilibhit, Uttar Pradesh - 262001 |
These details help users in online banking and for businesses and individuals who use Punjab And Sind Bank in Pilibhit for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000567 for the Aimi 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 Aimi, Pilibhit, Uttar Pradesh, is provided with a unique IFSC like PSIB0000567 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 Pilibhit.
- 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 Pilibhit and Ami.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Aimi do not get mixed with another location.
Format of the IFSC Code PSIB0000567
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 Aimi in Pilibhit.
For example, the IFSC Code PSIB0000567 of Punjab And Sind Bank for the Aimi branch has these elements, identifying the bank and the branch location in Pilibhit and Uttar Pradesh correctly.
How to Find IFSC Code for Punjab And Sind Bank?
If you are trying to find the IFSC Code PSIB0000567 of Punjab And Sind Bank for its Aimi branch located in Pilibhit, 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 Pilibhit and Ami, 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 Aimi or Pilibhit to get the exact IFSC Code PSIB0000567.
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 Pilibhit, you'll get the correct details.
How to Use IFSC Code PSIB0000567 for Online Transfers?
Once you have the IFSC Code PSIB0000567 for the Aimi branch of Punjab And Sind Bank in Pilibhit, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PSIB0000567. 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 PSIB0000567.
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 Aimi in Pilibhit, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Punjab And Sind Bank in Aimi, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Pilibhit to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0000567.
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 Ami, Distt. Pilibhit, Uttar Pradesh - 262001 located in Pilibhit, Ami, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.