IFSC Code PSIB0000594 - Punjab & Sind Bank-RATLAM-Ratlam
| Detail | Information |
|---|---|
| IFSC Code | PSIB0000594 |
| Bank Name | Punjab & Sind Bank |
| Address | 9 STATION ROAD RATLAM 457001 |
| District | Ratlam |
| State | Madhya pradesh |
| Branch | Ratlam |
| Contact | +917412230837 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 457023002 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MP |
| Bankcode | PSIB |
Overview of PSIB0000594
The IFSC code PSIB0000594 is associated with the Ratlam RATLAM Branch of Punjab & Sind Bank. Located in the bustling city of Ratlam, MADHYA PRADESH, this branch is one of the many Punjab & Sind Bank branches that cater to the banking needs of the local residents. The code "PSIB" in PSIB0000594 represents Punjab & Sind Bank Bank, while 0000594 signifies the unique branch code for RATLAM.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like PSIB0000594, for the RATLAM Branch, cannot be overstated. It acts as an address that identifies both the Punjab & Sind Bank and its specific branch in Ratlam. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into PSIB0000594
The IFSC code PSIB0000594 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Punjab & Sind Bank in Ratlam. Let's break down the details:
- IFSC Code (PSIB0000594): This unique code is essential for electronic fund transfers. The first four characters "PSIB" represent the bank's name, Punjab & Sind Bank. The last six characters "0000594" are a unique identifier for the RATLAM branch.
- Bank Name (Punjab & Sind Bank): One of [country]'s leading banks, Punjab & Sind Bank offers a wide range of banking products and financial services to its vast customer base.
- Address (9 STATION ROAD RATLAM 457001): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Ratlam, MADHYA PRADESH): The branch is situated in the heart of Ratlam, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
- Branch (RATLAM): The [AREA_NAME] area in Ratlam is a hub of activity, and the Punjab & Sind Bank branch here caters to both individual and business banking needs.
- Phone Number (+917412230837): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.