Latest details of Ifsc: Psib0021240

Contact Information

Address: AREA NO 7 AND 8 CIVIL TOWNSHIP BUILDING NO C 9 BIHARIJEE KUNJ P S RAGHUNATHPURROURKELLA DISTT SUNDERGARH ODISHA 769004

Contact number: 2401165

Bank Details

IFSC Code: PSIB0021240

City: RAURKELA

District: SUNDARGARH

State: ODISHA

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