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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Punjab And Sind Bank for its Lakhan Majra branch in Rohtak, Lakhan Manjra, Haryana, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Punjab And Sind Bank located in Rohtak or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code PSIB0000141. 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, Lakhan Majra, Rohtak
The table below shows the main details of the IFSC Code PSIB0000141 for the Punjab And Sind Bank branch in Rohtak, which falls under the Lakhan Manjra district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0000141 |
| Branch | Lakhan Majra |
| City | Rohtak |
| District | Lakhan Manjra |
| State | Haryana |
| Address | Lakhan Majra, Distt. Rohtak , Haryana - 124514 |
These details helps users in online banking and for businesses and individuals who use Punjab And Sind Bank in Rohtak for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0000141 for the Lakhan Majra 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 PSIB0000141 is given to every bank branch, including Punjab And Sind Bank located in Lakhan Majra, Rohtak, Haryana, 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 Rohtak.
- 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 Rohtak and Lakhan Manjra.
- 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Lakhan Majra doesn't end up at another location.
Format of the IFSC Code PSIB0000141
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): These represent the bank code. In Punjab And Sind Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Lakhan Majra in Rohtak.
For example, the IFSC Code PSIB0000141 of Punjab And Sind Bank for the Lakhan Majra branch has these elements, identifying the bank and the branch location in Rohtak and Haryana correctly.
How to Find IFSC Code for Punjab And Sind Bank?
To find the IFSC Code PSIB0000141 of Punjab And Sind Bank for its Lakhan Majra branch located in Rohtak, the following methods can help you out:
Cheque Book
The cheque book issued by Punjab And Sind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Punjab And Sind Bank branches in Rohtak and Lakhan Manjra, 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 go to the branch locator section. Then search for Lakhan Majra or Rohtak to find the exact IFSC Code PSIB0000141.
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 maintains an updated database of all IFSC codes. Searching for Punjab And Sind Bank and Rohtak will provide accurate information.
How to Use IFSC Code PSIB0000141 for Online Transfers?
Once you have the IFSC Code PSIB0000141 for the Lakhan Majra branch of Punjab And Sind Bank in Rohtak, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PSIB0000141. 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 PSIB0000141.
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 Lakhan Majra in Rohtak, 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 Lakhan Majra, 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 Rohtak manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0000141.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Lakhan Majra, Distt. Rohtak , Haryana - 124514 located in Rohtak, Lakhan Manjra, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.