Punjab & Sind Bank, RAMAN MANDI BHATINDA

Here is the IFSC & MICR Codes of Punjab & Sind Bank, RAMAN MANDI BHATINDA, BATHINDA, PUNJAB. Also get the latest address, contact number of Punjab & Sind Bank, RAMAN MANDI BHATINDA.

IFSC Code: PSIB0000269
Branch: RAMAN MANDI BHATINDA
Address: RAMAN MANDI DISTT BHATINDA PUNJAB 151301
Bank Code: PSIB
MICR: 151023302

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Frequently asked questions

What's the IFSC Code of RAMAN MANDI BHATINDA, Punjab & Sind Bank?: The IFSC Code of RAMAN MANDI BHATINDA, Punjab & Sind Bank is PSIB0000269.
What's the Address of RAMAN MANDI BHATINDA, Punjab & Sind Bank?: The Address of RAMAN MANDI BHATINDA, Punjab & Sind Bank is RAMAN MANDI DISTT BHATINDA PUNJAB 151301.
What's the MICR Code of RAMAN MANDI BHATINDA, Punjab & Sind Bank?: The MICR Code of RAMAN MANDI BHATINDA, Punjab & Sind Bank is 151023302.
What's the District RAMAN MANDI BHATINDA, Punjab & Sind Bank falls under?: The District RAMAN MANDI BHATINDA, Punjab & Sind Bank falls under is RAMAN.

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 (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).