IFSC Code PSIB0000002 - Punjab & Sind Bank-LUDHIANA SABUN BAZAR, LUDHIANA-Ludhiana
| Detail | Information |
|---|---|
| IFSC Code | PSIB0000002 |
| Bank Name | Punjab & Sind Bank |
| Address | SABAN BAZAR, LUDHIANA |
| District | Ludhiana |
| State | Punjab |
| Branch | Ludhiana sabun bazar, ludhiana |
| Contact | +911612722767 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 141023016 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-PB |
| Bankcode | PSIB |
Overview of PSIB0000002
The IFSC code PSIB0000002 is associated with the Ludhiana LUDHIANA SABUN BAZAR, LUDHIANA Branch of Punjab & Sind Bank. Located in the bustling city of Ludhiana, 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 PSIB0000002 represents Punjab & Sind Bank Bank, while 0000002 signifies the unique branch code for LUDHIANA SABUN BAZAR, LUDHIANA.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like PSIB0000002, for the LUDHIANA SABUN BAZAR, LUDHIANA Branch, cannot be overstated. It acts as an address that identifies both the Punjab & Sind Bank and its specific branch in Ludhiana. 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 PSIB0000002
The IFSC code PSIB0000002 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 Ludhiana. Let's break down the details:
- IFSC Code (PSIB0000002): 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 "0000002" are a unique identifier for the LUDHIANA SABUN BAZAR, LUDHIANA 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 (SABAN BAZAR, LUDHIANA): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Ludhiana, PUNJAB): The branch is situated in the heart of Ludhiana, the capital city of PUNJAB. A city known for its [CITY_FEATURES].
- Branch (LUDHIANA SABUN BAZAR, LUDHIANA): The [AREA_NAME] area in Ludhiana is a hub of activity, and the Punjab & Sind Bank branch here caters to both individual and business banking needs.
- Phone Number (+911612722767): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.