Latest details of Ifsc: Psib0021161

Contact Information

Address: BUS STAND GURUDWARA ROAD VPO BADALI ALA SINGHTEH AND DISTT FATEHGARH SAHIB PB 140406

Contact number: 9716985984

Bank Details

IFSC Code: PSIB0021161

City: BADLI ALA SINGH

District: FATEHGARH SAHIB

State: PUNJAB

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.

IFSC and MICR code sample on bank cheque