Punjab & Sind Bank, RAJARHAT, NORTH 24 PARGANA Branch IFSC Code

The IFSC code PSIB0021567 is assigned to Punjab & Sind Bank, RAJARHAT located in NORTH 24 PARGANA, WEST BENGAL. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Punjab & Sind Bank
IFSC Code PSIB0021567
MICR Code 700023032
Branch Code 021567
Branch RAJARHAT
City NORTH 24 PARGANA
District KOLKATA
State WEST BENGAL
Address SHEHTNAI APARTMENT RAJARHAT ROAD TEGHORIA RAJARHAT NOW BAGUIHATI Maps
Contact +917980888104

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

PSIB Bank Code
0 Reserved (0)
021567 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

700 City Code
023 Bank Code
032 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code PSIB0021567 is the Indian Financial System Code assigned to Punjab & Sind Bank, RAJARHAT branch in NORTH 24 PARGANA, WEST BENGAL. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in NORTH 24 PARGANA, KOLKATA, WEST BENGAL. The full address is: SHEHTNAI APARTMENT RAJARHAT ROAD TEGHORIA RAJARHAT NOW BAGUIHATI

The branch code is 021567. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Punjab & Sind Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 700023032. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: PSIB0021567
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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