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 New Tehri branch in Tehri Garhwal, New Tehri, Uttarakhand, 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 Tehri Garhwal or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code PSIB0021597. 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, New Tehri, Tehri Garhwal

Here are the key points that are associated with the IFSC Code PSIB0021597 of Punjab And Sind Bank for its branch located in Tehri Garhwal, within the district of New Tehri in the state of Uttarakhand.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0021597
Branch New Tehri
City Tehri Garhwal
District New Tehri
State Uttarakhand
Address Plot No 122 Sector 8A Pwd Road Buarari New Tehri Dist Tehri Garhwal Uttrakhand

These details are essential not only for online banking users but also for businesses and individuals who use Punjab And Sind Bank in Tehri Garhwal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0021597 for the New Tehri branch of Punjab And Sind Bank plays an 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 New Tehri, Tehri Garhwal, Uttarakhand, are given a unique IFSC like PSIB0021597 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Tehri Garhwal.
  • 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 Tehri Garhwal and New Tehri.
  • 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 New Tehri goes to the correct branch. This is important because Punjab And Sind Bank has thousands of branches in Uttarakhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PSIB0021597

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 New Tehri in Tehri Garhwal.

For example, the IFSC Code PSIB0021597 of Punjab And Sind Bank for the New Tehri branch includes these elements, identifying the bank and the branch location in Tehri Garhwal and Uttarakhand accurately.

How to Find IFSC Code for Punjab And Sind Bank?

If you are trying to find the IFSC Code PSIB0021597 of Punjab And Sind Bank for its New Tehri branch located in Tehri Garhwal, the following methods can help:

Cheque Book

The cheque book issued by Punjab And Sind Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Punjab And Sind Bank branches in Tehri Garhwal and New Tehri, print them on the first page of your passbook.

Bank Website

Visit the official website of Punjab And Sind Bank and navigate to the branch locator section. Search for New Tehri or Tehri Garhwal to get the exact IFSC Code PSIB0021597.

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 keeps an updated list of all IFSC codes. If you search for Punjab And Sind Bank and Tehri Garhwal, you'll get the correct details.

How to Use IFSC Code PSIB0021597 for Online Transfers?

Once you have the IFSC Code PSIB0021597 for the New Tehri branch of Punjab And Sind Bank in Tehri Garhwal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PSIB0021597. 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 PSIB0021597.

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 New Tehri in Tehri Garhwal, 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 New Tehri, 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 Tehri Garhwal 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 New Tehri, Tehri Garhwal?

The IFSC Code is PSIB0021597.

Is the IFSC Code PSIB0021597 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Punjab And Sind Bank New Tehri?

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

What is the full address of the New Tehri branch?

The address of the branch is Plot No 122 Sector 8A Pwd Road Buarari New Tehri Dist Tehri Garhwal Uttrakhand located in Tehri Garhwal, New Tehri, Uttarakhand.

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.