IFSC Code of Punjab And Sind Bank, Simla, The Ridge
View the Punjab And Sind Bank IFSC and MICR Codes of The Ridge branch, Simla, Himachal Pradesh. The other details of Punjab And Sind Bank The Ridge branch such as address and phone number are also given below.
The Ridge branch IFSC Code PSIB0000171
| IFSC Code | PSIB0000171 |
|---|---|
| MICR Code | N/A |
| Branch Code | 000171 (Last Six Characters of IFSC Code) |
| Bank Name | Punjab And Sind Bank |
| Branch Name | The Ridge |
| City | Simla |
| District | Shimla |
| State | Himachal Pradesh |
| Address | Ritz Building,Ridge,The Mall, Shimla |
| Phone No. | 022-22059421/9407 |
| Eamil Address. | b0385@psb.co.in |
The Reserve Bank of India (RBI) has allotted IFSC Code to all Punjab And Sind Bank banks and its Punjab And Sind Bank branches in India. The Punjab And Sind Bank IFSC Code of the bank is printed on the front page of the Punjab And Sind Bank bank , The Ridge branch passbook and found in the cheque leaf below the address field or on the RBI website. According to RBI instructions, a valid IFSC Code is mandatory for all kinds of fund transfers such as NEFT, RTGS and IMPS from one bank to another.
Table Of Contents
- IFSC Code Uses
- Structure of IFSC Code and sample cheque
- How to search for IFSC and MICR Code
- Frequently Asked Questions?
IFSC Code Uses
- IFSC Code is used for NEFT (National Electronic Fund Transfer). NEFT is an electronic payment system which helps to transfer funds from any bank account to another account.
- IFSC Code is used for RTGS (Real Time Gross Settlement. RTGS is a funds transfer system based on a gross settlement concept where money is transferred from one bank to another in real-time. A minimum limit of Rs.2 Lakh is transferred.
- IMPS (Immediate Payment and Service) is an electronic fund transfer system which helps in payment or transfer of funds instantly within banks across India at all the time (24x365) through the internet.
Structure of IFSC Code and sample cheque
The 11 alphanumeric of IFSC Code is formed to identify the bank and its branch. The first four letters represent the bank name and the last six characters indicate the bank branch. The fifth character 0 (zero) is provided for future use.
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
|---|---|---|---|---|---|---|---|---|---|---|
| P | S | I | B | 0 | 0 | 0 | 0 | 1 | 7 | 1 |
| First four digits (in alphabets in capital letters) of IFSC code Bank Name | The fifth digit is 0 (Zero) | The last six digits (mostly in numeric, but few banks like Bank of Baroda, YES Bank are using alphabets capital letters) of IFSC code indicates Bank Branch Name. | ||||||||
Sample Cheque Format
How to search for IFSC and MICR Code?
- IFSC Code is printed on the first page or front page of the bank passbook where the account details are given and also mentioned in the cheque leaf below the address field.
- IFSC Code is also published in the concerned bank official website.
- All banks and its branch list of IFSC Code are published in Reserve Bank of India’s website.
- MICR Code is printed on the bank passbook and also on the cheque leaf next to the cheque number.
- MICR Code can be found on the bank’s official website.
Frequently asked questions Punjab And Sind Bank, The Ridge branch, Simla, Himachal Pradesh
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What is the IFSC Code of Punjab And Sind BankThe Ridge branch?PSIB0000171 is the IFSC Code of Punjab And Sind Bank, The Ridge branch, Simla,Himachal Pradesh.
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What is the address of this IFSC Code: PSIB0000171?The address of this IFSC Code: PSIB0000171 is Punjab And Sind Bank, The Ridge branch, Simla,Himachal Pradesh
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In which State this IFSC Code: PSIB0000171 HDFC Bank is located?This Punjab And Sind Bank is located in the State of Himachal Pradesh.
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In which District this IFSC Code: PSIB0000171 Punjab And Sind Bank is located?Punjab And Sind Bank is located in Shimla District.
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What is the branch name of this IFSC Code: PSIB0000171?The last six characters of this IFSC code: PSIB0000171 reveals that it is The Ridge branch.