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 Ram Nagra branch in Pilibhit, Ramnagar, 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 PSIB0000677. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Punjab And Sind Bank, Ram Nagra, Pilibhit
Here are the key points that are associated with the IFSC Code PSIB0000677 of Punjab And Sind Bank for its branch located in Pilibhit, within the district of Ramnagar in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0000677 |
| Branch | Ram Nagra |
| City | Pilibhit |
| District | Ramnagar |
| State | Uttar Pradesh |
| Address | V.P.O Ram Nagar, Teh Puranpur, Distt. Pilibhit, Uttar Pradesh - 262124 |
These details are important not only for users using online banking but also for businesses and individuals who use Punjab And Sind Bank in Pilibhit for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PSIB0000677 for the Ram Nagra 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 Ram Nagra, Pilibhit, Uttar Pradesh, is provided with a unique IFSC like PSIB0000677 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 Ramnagar.
- 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 Ram Nagra do not get mixed with another location.
Format of the IFSC Code PSIB0000677
The format of the IFSC Code for banks, including Punjab And Sind Bank, has 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 Ram Nagra in Pilibhit.
For example, the IFSC Code PSIB0000677 of Punjab And Sind Bank for the Ram Nagra branch includes 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 PSIB0000677 of Punjab And Sind Bank for its Ram Nagra 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 Ramnagar, 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 Ram Nagra or Pilibhit to get the exact IFSC Code PSIB0000677.
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 PSIB0000677 for Online Transfers?
Once you have the IFSC Code PSIB0000677 for the Ram Nagra 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 PSIB0000677. 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 PSIB0000677.
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 Ram Nagra 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 Ram Nagra, 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 PSIB0000677.
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 V.P.O Ram Nagar, Teh Puranpur, Distt. Pilibhit, Uttar Pradesh - 262124 located in Pilibhit, Ramnagar, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.