PUNJAB AND SIND BANK AMRITSAR IFSC CODE Quick Search

What is PUNJAB AND SIND BANK AMRITSAR ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

PUNJAB AND SIND BANK AMRITSAR ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

PUNJAB AND SIND BANK AMRITSAR ifsc code Format:

For Example :

PUNJAB AND SIND BANK AMRITSAR ifsc code : PSIB0000031 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : PSIB for Bank : PUNJAB AND SIND BANK

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 000031 for Bank Branch AMRITSAR KHALSA COLLEGE

Anatomy of a Cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for punjab and sind bank amritsar

MICR code for punjab and sind bank amritsar represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for punjab and sind bank amritsar on Cheque:

MICR Code Format for punjab and sind bank amritsar :

For Example :

MICR Code for PUNJAB AND SIND BANK : 143023016 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 143 for City : AMRITSAR

Middle 3 digits reprents Bank Code: 023 for Bank : PUNJAB AND SIND BANK

Last 3 digits represents Branch Code : 301 for Bank Branch AMRITSAR KHALSA COLLEGE

PUNJAB AND SIND BANK All Branch IFSC Code List for City AMRITSAR

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