The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Punjab And Sind Bank for its Bamrauli branch in Pilibhit, Bamrauli, Uttar Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed 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 PSIB0000581. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab And Sind Bank, Bamrauli, Pilibhit
The table below shows the main details of the IFSC Code PSIB0000581 for the Punjab And Sind Bank branch in Pilibhit, which falls under the Bamrauli district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0000581 |
| Branch | Bamrauli |
| City | Pilibhit |
| District | Bamrauli |
| State | Uttar Pradesh |
| Address | Bamrauli, Distt. Pilibhit, Uttar Pradesh - 250602 |
These details are essential not only for online banking users but also for businesses and individuals who use Punjab And Sind Bank in Pilibhit for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000581 for the Bamrauli branch of Punjab And Sind Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PSIB0000581 is given to every bank branch, including Punjab And Sind Bank located in Bamrauli, Pilibhit, Uttar Pradesh, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Pilibhit and Bamrauli.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Bamrauli doesn't end up at another location.
Format of the IFSC Code PSIB0000581
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 Bamrauli in Pilibhit.
For example, the IFSC Code PSIB0000581 of Punjab And Sind Bank for the Bamrauli branch includes these elements, identifying the bank and the branch location in Pilibhit and Uttar Pradesh accurately.
How to Find IFSC Code for Punjab And Sind Bank?
If you are trying to find the IFSC Code PSIB0000581 of Punjab And Sind Bank for its Bamrauli 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 Bamrauli, 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 Bamrauli or Pilibhit to get the exact IFSC Code PSIB0000581.
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 PSIB0000581 for Online Transfers?
Once you have the IFSC Code PSIB0000581 for the Bamrauli branch of Punjab And Sind Bank in Pilibhit, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0000581. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Punjab And Sind Bank IFSC Code PSIB0000581.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Punjab And Sind Bank Bamrauli in Pilibhit, it can 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 Bamrauli, 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 Pilibhit manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bamrauli Pilibhit branch is PSIB0000581.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Bamrauli, Distt. Pilibhit, Uttar Pradesh - 250602.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.