For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Punjab And Sind Bank for its Dineshpur branch in Udham Singh Nagar, Gadarpur, Uttarakhand, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Punjab And Sind Bank located in Udham Singh Nagar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code PSIB0021573. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Punjab And Sind Bank, Dineshpur, Udham Singh Nagar
Below in the table are the key details related to IFSC Code PSIB0021573 of Punjab And Sind Bank for its branch located in Udham Singh Nagar, within the district of Gadarpur in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Punjab And Sind Bank |
| IFSC Code | PSIB0021573 |
| Branch | Dineshpur |
| City | Udham Singh Nagar |
| District | Gadarpur |
| State | Uttarakhand |
| Address | Psb Dineshpur Co Tarun Kumar Ward No 3 Chandangarh Jafarpur Road 263160 |
These details helps users in online banking and for businesses and individuals who use Punjab And Sind Bank in Udham Singh Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSIB0021573 for the Dineshpur 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 provided by the Reserve Bank of India. Every bank branch, along with Punjab And Sind Bank located in Dineshpur, Udham Singh Nagar, Uttarakhand, are given a unique IFSC like PSIB0021573 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Udham Singh Nagar.
- 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 Udham Singh Nagar and Gadarpur.
- 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 Dineshpur 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 PSIB0021573
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): 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 Dineshpur in Udham Singh Nagar.
For example, the IFSC Code PSIB0021573 of Punjab And Sind Bank for the Dineshpur branch includes these elements, identifying the bank and the branch location in Udham Singh Nagar and Uttarakhand accurately.
How to Find IFSC Code for Punjab And Sind Bank?
To find the IFSC Code PSIB0021573 of Punjab And Sind Bank for its Dineshpur branch located in Udham Singh Nagar, 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 Udham Singh Nagar and Gadarpur, 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 Dineshpur or Udham Singh Nagar to find the exact IFSC Code PSIB0021573.
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 Udham Singh Nagar will provide accurate information.
How to Use IFSC Code PSIB0021573 for Online Transfers?
If you have the IFSC Code PSIB0021573 for the Dineshpur branch of Punjab And Sind Bank in Udham Singh Nagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSIB0021573. Transfers are processed in batches. 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. Asks for the recipient's account details and Punjab And Sind Bank IFSC Code PSIB0021573.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Punjab And Sind Bank Dineshpur in Udham Singh Nagar, it 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 Dineshpur, 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 Udham Singh Nagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PSIB0021573.
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 Psb Dineshpur Co Tarun Kumar Ward No 3 Chandangarh Jafarpur Road 263160 located in Udham Singh Nagar, Gadarpur, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.