Latest details of Ifsc: Psib0020942
PUNJAB AND SIND BANK
Branch name : DURGAPUR
Contact Information
Address: UCB 018 DWAIBAYANS BUILDING CITY CENTRE DRUGAPUR DISTT BURDWAN WEST BANGAL
Contact number: 2542715
Bank Details
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
