IFSC Code: Psib0021034

Bank: Punjab & Sind Bank
IFSC Code: Psib0021034
Address: Village Gohalwar. Opposite Gurudwara Lalkar Sahib Tehsil & Distt Tarn Taran, Punjab - 143022
City: Amritsar
District: Tarn Taran
State: Punjab

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Psib0021034.

  • In our case IFSC code's first four characters Psib represents bank Punjab & Sind Bank.
  • Remaining characters which are 0021034 represents branch. In our case branch is located at address Village Gohalwar. Opposite Gurudwara Lalkar Sahib Tehsil & Distt Tarn Taran, Punjab - 143022.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.