IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - LUDHIANA - LUDHIANA - FIELD GANJ LUDHIANA

STATE BANK OF INDIA RTGS HO Branch in LUDHIANA - Address, IFSC, MICR Code


IFSC Code

SBIN0016742

MICR Code

NA

Branch

FIELD GANJ LUDHIANA

Contact

0

Address

SCO 23 24 MAIN MARKET OPP CIVIL HOSPITAL FIELD GANJ LUDHIANA DISTT.LUDHIANA. PUNJAB 141008

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at FIELD GANJ LUDHIANA- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at FIELD GANJ LUDHIANA - RTGS-HO is

SBIN0016742

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.