Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
Punjab & Sind Bank, BALASORE
- IFSC
- PSIB0020943
- BRANCH
- BALASORE
- ADDRESS
- BALASORE DISTT BALESHWAR ORRISA
- BANKCODE
- PSIB
- MICR
- 756023002
- DISTRICT
- BALASORE
- CITY
- BALESHWAR
- STATE
- ODISHA
Definition
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
The IFSC code is made up of three parts:
- The first four characters (PSIB in PSIB0020943) are the bank code, identifying Punjab & Sind Bank.
- The fifth character (0 in PSIB0020943) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (020943 in PSIB0020943) are the branch code for BALASORE.
For example, PSIB0020943 is the IFSC for Punjab & Sind Bank’s BALASORE branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
