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 Kareili branch in Pilibhit, Kareli, 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 PSIB0000674. 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, Kareili, Pilibhit

Here are the key points that are associated with the IFSC Code PSIB0000674 of Punjab And Sind Bank for its branch located in Pilibhit, within the district of Kareli in the state of Uttar Pradesh.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0000674
Branch Kareili
City Pilibhit
District Kareli
State Uttar Pradesh
Address Kareli Tehsil Puranpur Distt Pilibhit Uttar Pradesh 262202

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 PSIB0000674 for the Kareili 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PSIB0000674 is given to every bank branch, including Punjab And Sind Bank located in Kareili, 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 Kareli.
  • 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 Kareili doesn't end up at another location.

Format of the IFSC Code PSIB0000674

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Punjab And Sind Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kareili in Pilibhit.

For example, the IFSC Code PSIB0000674 of Punjab And Sind Bank for the Kareili 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 PSIB0000674 of Punjab And Sind Bank for its Kareili 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 Kareli, 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 Kareili or Pilibhit to get the exact IFSC Code PSIB0000674.

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 PSIB0000674 for Online Transfers?

Once you have the IFSC Code PSIB0000674 for the Kareili 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 PSIB0000674. 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 PSIB0000674.

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 Kareili in Pilibhit may result in delayed or failed transactions.

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 Kareili, 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)

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

The IFSC Code is PSIB0000674.

Is the IFSC Code PSIB0000674 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 Kareili?

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 Kareili branch?

The address of the branch is Kareli Tehsil Puranpur Distt Pilibhit Uttar Pradesh 262202 located in Pilibhit, Kareli, 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.