State Bank of India - LUDHIANA-COMMERCIAL BRANCH

Details about the IFSC1 SBIN0050463:

Bank: State Bank of India
Bank Branch: LUDHIANA-COMMERCIAL BRANCH (IN-PB)
Country: India
District/State: LUDHIANA / PUNJAB
City: LUDHIANA
Address: COMMERCIAL BRANCHLUDHIANA
Contact: 2547855
IFSC:1 SBIN0050463
MICR:2 141002083




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.