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 Kali Nagar branch in Pilibhit, Kalinagar, Uttar Pradesh, 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 Pilibhit or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code PSIB0000508. 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, Kali Nagar, Pilibhit

The table below shows the main details of the IFSC Code PSIB0000508 for the Punjab And Sind Bank branch in Pilibhit, which falls under the Kalinagar district in Uttar Pradesh.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0000508
Branch Kali Nagar
City Pilibhit
District Kalinagar
State Uttar Pradesh
Address Kali Nagar, Distt. Pilibhit, Uttar Pradesh - 262124

These details helps 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 PSIB0000508 for the Kali Nagar branch of Punjab And Sind Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab And Sind Bank located in Kali Nagar, Pilibhit, Uttar Pradesh, is provided a unique IFSC like PSIB0000508 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Punjab And Sind Bank branch in Pilibhit.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Pilibhit and Kalinagar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Kali Nagar do not get misguided to another person.

Format of the IFSC Code PSIB0000508

The format of the IFSC Code for banks, including Punjab And Sind Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Punjab And Sind Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kali Nagar in Pilibhit.

For example, the IFSC Code PSIB0000508 of Punjab And Sind Bank for the Kali Nagar 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 PSIB0000508 of Punjab And Sind Bank for its Kali Nagar branch located in Pilibhit, the following methods can help:

Cheque Book

The cheque books that are issued by Punjab And Sind Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Punjab And Sind Bank branches in Pilibhit and Kalinagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Punjab And Sind Bank and find the branch locator section. Search for Kali Nagar or Pilibhit to get the exact IFSC Code PSIB0000508.

Mobile Banking App

If you use Punjab And Sind Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Punjab And Sind Bank and Pilibhit that will provide accurate information.

How to Use IFSC Code PSIB0000508 for Online Transfers?

Once you have the IFSC Code PSIB0000508 for the Kali Nagar branch of Punjab And Sind Bank in Pilibhit, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PSIB0000508. Transfers are processed in batches. This is 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. Requires the recipient's account details and Punjab And Sind Bank IFSC Code PSIB0000508.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Punjab And Sind Bank Kali Nagar in Pilibhit 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 Kali 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 Pilibhit manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Punjab And Sind Bank in Kali Nagar, Pilibhit?

The IFSC Code is PSIB0000508.

Is the IFSC Code PSIB0000508 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Punjab And Sind Bank Kali Nagar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kali Nagar branch?

The address of the branch is Kali Nagar, Distt. Pilibhit, Uttar Pradesh - 262124 located in Pilibhit, Kalinagar, Uttar Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.