What is the IFSC code for MICR 767023002?

The IFSC code for Punjab & Sind Bank Balangir branch (MICR: 767023002) is PSIB0021701. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (767) represent the city/clearing centre, the next 3 digits (023) identify the bank, and the last 3 digits (002) identify the specific branch. For 767023002, the city code is 767, bank code is 023, and branch code is 002.

Punjab & Sind Bank Balangir

Q: Which bank does MICR code 767023002 belong to?

MICR code 767023002 belongs to Punjab & Sind Bank, Balangir branch, located at Punjab & Sindh Bank, Ground Floor, Plot No- 19347880, Khata no 7306182, Kishan Gharabari, Mouza Balangir, Dist Balangir. PIN Code- 767001, Balangir, Odisha. The corresponding IFSC code is PSIB0021701.

Balangir · Balangir, Odisha

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767023002

767023002 is the MICR code for the Balangir branch of Punjab & Sind Bank, located in Balangir, Odisha. 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 PSIB0021701.

Bank

Punjab & Sind Bank

Branch & Address

Balangir

Punjab & Sindh Bank, Ground Floor, Plot No- 19347880, Khata no 7306182, Kishan Gharabari, Mouza Balangir, Dist Balangir. PIN Code- 767001

Balangir, Balangir, Odisha

Contact

+919853225514

Codes for this Branch

MICR (cheques)

767023002

IFSC (online transfers)

PSIB0021701

View

MICR Code Structure

767

City

023

Bank

002

Branch

City code 767 identifies the RBI clearing centre, bank code 023 identifies Punjab & Sind Bank, and branch code 002 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Punjab & Sind Bank branches near Balangir

Balasore Baleshwar, Odisha PSIB0020943 Bankati Mayurbhanj, Odisha PSIB0021610 Baramunda Khurda, Odisha PSIB0021498 Behrampur Ganjam, Odisha PSIB0021473 Bentapur Khurda, Odisha PSIB0021545 Bhubananeshwar Khurda, Odisha PSIB0000358

Other banks in Balangir, Odisha

AU Small Finance Bank 3 branches Axis Bank 7 branches Bandhan Bank 4 branches Bank of Baroda 8 branches Bank of India 1 branch Bank of Maharashtra 2 branches Canara Bank 6 branches Central Bank of India 4 branches

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 (PSIB0021701) 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 767023002 is in the middle, and your account number is on the right.

View full branch details for IFSC PSIB0021701