Punjab & Sind Bank IFSC Code PSIB0000220

Punjab & Sind Bank – NANDED

IFSC Code: PSIB0000220

MICR Code: 431023101

Branch: NANDED

Bank: Punjab & Sind Bank

Address: SRI GURU GOVIND SINGH ROAD NANDED-431 601

District: JALGAON

State: MAHARASHTRA

Contact: +912462242016

Indian Financial System Code (IFSC): PSIB0000220

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 000220. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 431023101

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.