Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Punjab And Sind Bank for its Rewari Haryana branch in Rewari, Rewari, or Haryana, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Punjab And Sind Bank located in Rewari or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code PSIB0000914. You should definitely 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, Rewari Haryana, Rewari

Here are the main details that are associated with the IFSC Code PSIB0000914 of Punjab And Sind Bank for its branch located in Rewari, within the district of Rewari in the state of Haryana.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0000914
Branch Rewari Haryana
City Rewari
District Rewari
State Haryana
Address Sco 5 Brass Market Rewari Haryana 123401

These details help users in online banking and for businesses and individuals who use Punjab And Sind Bank in Rewari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000914 for the Rewari Haryana 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, along with Punjab And Sind Bank located in Rewari Haryana, Rewari, Haryana, are given a unique IFSC like PSIB0000914 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rewari.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Rewari and Rewari.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Punjab And Sind Bank in Rewari Haryana goes to the correct branch. This is important because Punjab And Sind Bank has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PSIB0000914

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 Rewari Haryana in Rewari.

For example, the IFSC Code PSIB0000914 of Punjab And Sind Bank for the Rewari Haryana branch includes these elements, identifying the bank and the branch location in Rewari and Haryana accurately.

How to Find IFSC Code for Punjab And Sind Bank?

If you are looking for the IFSC Code PSIB0000914 of Punjab And Sind Bank for its Rewari Haryana branch located in Rewari, the following methods can help:

Cheque Book

The cheque book that is issued by Punjab And Sind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Punjab And Sind Bank and look for the branch locator section, then search for Rewari Haryana or Rewari to get the exact IFSC Code PSIB0000914.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Punjab And Sind Bank and Rewari, then it will provide you proper information.

How to Use IFSC Code PSIB0000914 for Online Transfers?

Once you have the IFSC Code PSIB0000914 for the Rewari Haryana branch of Punjab And Sind Bank in Rewari, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PSIB0000914. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 PSIB0000914.

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 Rewari Haryana in Rewari, your payment can get delayed or might not go through at all.

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 Rewari Haryana, 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 Rewari 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 Rewari Haryana, Rewari?

The IFSC Code is PSIB0000914.

Is the IFSC Code PSIB0000914 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 Rewari Haryana?

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 Rewari Haryana branch?

The address of the branch is Sco 5 Brass Market Rewari Haryana 123401 located in Rewari, Rewari, Haryana.

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.