How to find the location of .PST File in Microsoft Outlook ?

Microsoft Outlook PST file is the Personal Storage Table or Personal Folder File in Outlook. This is represented with the .pst extension. A PST file is located on your local computer. The significance of Outlook PST file can be understood from the fact that it stores all Outlook Objects like emails, tasks, contacts, notes, calendar entries, journals, attachments etc. The PST file has complex structure. So if anything wrong happened with this file like file corruption, you could lose your entire data.