Punjab & Sind Bank Guru Ram Das Sarai
Guru Ram Das Sarai · Amritsar, Punjab
143023020 is the MICR code for the Guru Ram Das Sarai branch of Punjab & Sind Bank, located in Amritsar, Punjab. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code PSIB0000524.
Bank
Punjab & Sind Bank
Branch & Address
Guru Ram Das Sarai
Guru Ram Dass Sarai Amritsar 143001
Amritsar, Amritsar, Punjab
Contact
+917988558797MICR Code Structure
143
City
023
Bank
020
Branch
City code 143 identifies the RBI clearing centre, bank code 023 identifies Punjab & Sind Bank, and branch code 020 identifies this specific branch.
Online Payment Methods Supported
Other Punjab & Sind Bank branches near Amritsar
Other banks in Amritsar, Punjab
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (PSIB0000524) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 143023020 is in the middle, and your account number is on the right.