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 Jaspur branch in Udham Singh Nagar, Jaspur, 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 PSIB0021311. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Punjab And Sind Bank, Jaspur, Udham Singh Nagar

Below in the table are the key details related to IFSC Code PSIB0021311 of Punjab And Sind Bank for its branch located in Udham Singh Nagar, within the district of Jaspur in the state of Uttarakhand.

Particulars Details
Bank Punjab And Sind Bank
IFSC Code PSIB0021311
Branch Jaspur
City Udham Singh Nagar
District Jaspur
State Uttarakhand
Address Nai Basti,Near Gurudwara,Jaspur,Distt.Udham Singh Nagar,Uttarakhand 244712

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 PSIB0021311 for the Jaspur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Punjab And Sind Bank located in Jaspur, Udham Singh Nagar, Uttarakhand, is provided a unique IFSC like PSIB0021311 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Punjab And Sind Bank branch in Udham Singh Nagar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Udham Singh Nagar and Jaspur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Uttarakhand and the rest of India, the IFSC Code ensures that transactions meant for Punjab And Sind Bank in Jaspur do not get misguided to another person.

Format of the IFSC Code PSIB0021311

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 Jaspur in Udham Singh Nagar.

For example, the IFSC Code PSIB0021311 of Punjab And Sind Bank for the Jaspur branch includes these elements, identifying the bank and the branch location in Udham Singh Nagar and Uttarakhand correctly.

How to Find IFSC Code for Punjab And Sind Bank?

If you are trying to find the IFSC Code PSIB0021311 of Punjab And Sind Bank for its Jaspur branch located in Udham Singh Nagar, 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 Udham Singh Nagar and Jaspur, 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 Jaspur or Udham Singh Nagar to get the exact IFSC Code PSIB0021311.

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 Udham Singh Nagar that will provide accurate information.

How to Use IFSC Code PSIB0021311 for Online Transfers?

Once you have the IFSC Code PSIB0021311 for the Jaspur branch of Punjab And Sind Bank in Udham Singh Nagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PSIB0021311. 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 PSIB0021311.

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 Jaspur in Udham Singh Nagar, 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 Jaspur, 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)

What is the IFSC Code of Punjab And Sind Bank in Jaspur, Udham Singh Nagar?

The IFSC Code is PSIB0021311.

Is the IFSC Code PSIB0021311 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 Jaspur?

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 Jaspur branch?

The address of the branch is Nai Basti,Near Gurudwara,Jaspur,Distt.Udham Singh Nagar,Uttarakhand 244712 located in Udham Singh Nagar, Jaspur, 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.