IFSC Code of State Bank Of India, Rahon Road, Ludhiana, Punjab- SBIN0010004

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 Rahon Road 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 SBIN0010004. 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, Rahon Road, Ludhiana

Here are some of the key details that come with the IFSC Code SBIN0010004 of State Bank Of India for its branch located in Ludhiana, within the district of Ludhiana in the state of Punjab.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Ludhiana for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010004 for the Rahon Road branch of State Bank Of India has a very important role.

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 Rahon Road, Ludhiana, Punjab, are allotted a unique IFSC like SBIN0010004 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 Rahon Road reaches the right place, even though there are thousands of branches in Punjab and across India.

Format of the IFSC Code SBIN0010004

The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rahon Road in Ludhiana.

For example, the IFSC Code SBIN0010004 of State Bank Of India for the Rahon Road branch includes these elements, identifying the bank and the branch location in Ludhiana and Punjab correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0010004 of State Bank Of India for its Rahon Road branch located in Ludhiana, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Ludhiana and Ludhiana, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Rahon Road or Ludhiana to get the exact IFSC Code SBIN0010004.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Ludhiana, you'll get the correct details.

How to Use IFSC Code SBIN0010004 for Online Transfers?

Once you have the IFSC Code SBIN0010004 for the Rahon Road branch of State Bank Of India in Ludhiana, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0010004. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0010004.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Rahon Road in Ludhiana, your payment can get delayed or might not go through at all.

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 Rahon Road, 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.