Punjab & Sind Bank Barnala Baba Ganda Singh School
Barnala Baba Ganda Singh School · Sangrur, Punjab
148023054 is the MICR code for the Barnala Baba Ganda Singh School branch of Punjab & Sind Bank, located in Sangrur, 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 PSIB0000858.
Bank
Punjab & Sind Bank
Branch & Address
Barnala Baba Ganda Singh School
Baba Ganda Singh Public School, Distt. Barnala, Punjab - 148101
Sangrur, Barnala, Punjab
Contact
+911679242175MICR Code Structure
148
City
023
Bank
054
Branch
City code 148 identifies the RBI clearing centre, bank code 023 identifies Punjab & Sind Bank, and branch code 054 identifies this specific branch.
Online Payment Methods Supported
Other Punjab & Sind Bank branches near Sangrur
Other banks in Sangrur, 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 (PSIB0000858) 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 148023054 is in the middle, and your account number is on the right.