IFSC Code PSIB0000850 - Punjab & Sind Bank-NABHA NEW GRAIN MARKET-Nabha
| Detail | Information |
|---|---|
| IFSC Code | PSIB0000850 |
| Bank Name | Punjab & Sind Bank |
| Address | NEW GRAIN MARKET, DISTT. PATIALA, PUNJAB - 147201 |
| District | Patiala |
| State | Punjab |
| Branch | Nabha new grain market |
| Contact | +911765222624 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 147023153 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-PB |
| Bankcode | PSIB |
Overview of PSIB0000850
The IFSC code PSIB0000850 is associated with the Nabha NABHA NEW GRAIN MARKET Branch of Punjab & Sind Bank. Located in the bustling city of Nabha, PUNJAB, 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 PSIB0000850 represents Punjab & Sind Bank Bank, while 0000850 signifies the unique branch code for NABHA NEW GRAIN MARKET.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like PSIB0000850, for the NABHA NEW GRAIN MARKET Branch, cannot be overstated. It acts as an address that identifies both the Punjab & Sind Bank and its specific branch in Nabha. 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 PSIB0000850
The IFSC code PSIB0000850 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 Nabha. Let's break down the details:
- IFSC Code (PSIB0000850): 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 "0000850" are a unique identifier for the NABHA NEW GRAIN MARKET 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 (NEW GRAIN MARKET, DISTT. PATIALA, PUNJAB - 147201): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Nabha, PUNJAB): The branch is situated in the heart of Nabha, the capital city of PUNJAB. A city known for its [CITY_FEATURES].
- Branch (NABHA NEW GRAIN MARKET): The [AREA_NAME] area in Nabha is a hub of activity, and the Punjab & Sind Bank branch here caters to both individual and business banking needs.
- Phone Number (+911765222624): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.