Punjab And Sind Bank has 6 branches in Salem like Shevapet, Salem , Sankari , Salem Main , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Punjab And Sind Bank in Salem

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Shevapet, Salem P.B.No.201, Door No. 738, Fort Main Road Shevapet, Near
Telephone Exchange, Salem, Tamil Nadu -636002.
PUNB0439500 636024003 Punjab And Sind Bank Salem Salem Tamil Nadu
Sankari Sankari West, Tamil Nadu 637303 PUNB0310400 NON-MICR Punjab And Sind Bank Sankari Salem Tamil Nadu
Salem Main 2070-B,Sastha Arcade Advaith Ashram Road Salem Tamil Nadu -
636004
PUNB0041600 636024002 Punjab And Sind Bank Namakkal Salem Tamil Nadu
Salem Ground Floor,Mahalakshmi Nivasam No.121, Rajaji Road, Salem
- 636007
PSIB0021015 NON MICR Punjab And Sind Bank Salem Salem Tamil Nadu
Namakkal 88, Kkp Building, Salem Road, Namakkal, Tamil Nadu 637001 PUNB0420100 NON-MICR Punjab And Sind Bank Salem Salem Tamil Nadu
Kattukottai Cuddalore Main Road, Kattukottai Vadachennimalai Post Salem
Dist Tamil Nadu 636121
PUNB0166600 NON-MICR Punjab And Sind Bank Kattukottai Salem Tamil Nadu

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.