There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Document Archival Centre, Ludhiana branch in Ludhiana, Ludhiana, Punjab, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Ludhiana or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code SBIN0017307. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Document Archival Centre, Ludhiana, Ludhiana
Below in the table are the key details related to IFSC Code SBIN0017307 of State Bank Of India for its branch located in Ludhiana, within the district of Ludhiana in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017307 |
| Branch | Document Archival Centre, Ludhiana |
| City | Ludhiana |
| District | Ludhiana |
| State | Punjab |
| Address | Dac, Focal Point, Phasev, Ludhiana, Distt.Ludhiana. Punjab141010 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Ludhiana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0017307 for the Document Archival Centre, Ludhiana branch of State Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Document Archival Centre, Ludhiana, Ludhiana, Punjab, are allotted a unique IFSC like SBIN0017307 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ludhiana.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ludhiana and Ludhiana.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Document Archival Centre, Ludhiana reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code SBIN0017307
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Document Archival Centre, Ludhiana in Ludhiana.
For example, the IFSC Code SBIN0017307 of State Bank Of India for the Document Archival Centre, Ludhiana branch includes these elements, identifying the bank and the branch location in Ludhiana and Punjab accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0017307 of State Bank Of India for its Document Archival Centre, Ludhiana branch located in Ludhiana, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Ludhiana and Ludhiana, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and find the branch locator section. Search for Document Archival Centre, Ludhiana or Ludhiana to get the exact IFSC Code SBIN0017307.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for State Bank Of India and Ludhiana that will provide accurate information.
How to Use IFSC Code SBIN0017307 for Online Transfers?
Once you have the IFSC Code SBIN0017307 for the Document Archival Centre, Ludhiana branch of State Bank Of India in Ludhiana, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017307. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0017307.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Document Archival Centre, Ludhiana in Ludhiana, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Document Archival Centre, Ludhiana, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Ludhiana manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017307.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Dac, Focal Point, Phasev, Ludhiana, Distt.Ludhiana. Punjab141010 located in Ludhiana, Ludhiana, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.