Punjab & Sind Bank IFSC Code PSIB0000006

Punjab & Sind Bank – GUR MANDI PATIALA

IFSC Code: PSIB0000006

MICR Code: 147023003

Branch: GUR MANDI PATIALA

Bank: Punjab & Sind Bank

Address: GUR MANDI, PATIALA-147001

District: PATIALA

State: PUNJAB

Contact: +911752321437

Indian Financial System Code (IFSC): PSIB0000006

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 000006. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 147023003

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.