Punjab & Sind Bank IFSC Code PSIB0021512

Punjab & Sind Bank – GRAIN MARKET KHANNA

IFSC Code: PSIB0021512

MICR Code: 141023212

Branch: GRAIN MARKET KHANNA

Bank: Punjab & Sind Bank

Address: SHOP NO. 121, NEW GRAIN MARKET KHANNA, TEHSIL KHANNA, DISTT. LUDHIANA, PUNJAB _x0013_ 141401

District: LUDHIANA

State: PUNJAB

Contact: +919814538166

Indian Financial System Code (IFSC): PSIB0021512

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 021512. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 141023212

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.