State Bank of India Shingar Cinema Road Ludhiana Branch IFSC Code: SBIN0016741
Branch Code: 016741 | LUDHIANA, LUDHIANA, Punjab
The official Indian Financial System Code (IFSC) for State Bank of India, Shingar Cinema Road Ludhiana branch in LUDHIANA, Punjab is SBIN0016741. The MICR code for cheque clearance is 141002062.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- SHINGAR CINEMA ROAD, LUDHIANA
- MICR Code
- City / District
- LUDHIANA (LUDHIANA)
- State
- Punjab
- Postal Pincode
- 141008
4471, SHIVAJI NAGAR, SHINGAR CINEMA ROAD, LUDHIANA, DISTT.LUDHIANA. PUNJAB 141008, Pincode: 141008
How to Read IFSC Code: SBIN0016741
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify State Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: State Bank of India (SBIN0016741)
Which bank does IFSC Code SBIN0016741 belong to?
IFSC Code SBIN0016741 belongs to State Bank of India for its SHINGAR CINEMA ROAD, LUDHIANA branch, located in LUDHIANA, Punjab. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India SHINGAR CINEMA ROAD, LUDHIANA branch?
The IFSC Code for State Bank of India SHINGAR CINEMA ROAD, LUDHIANA branch in LUDHIANA, Punjab is SBIN0016741. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India SHINGAR CINEMA ROAD, LUDHIANA branch?
The branch is located at: 4471, SHIVAJI NAGAR, SHINGAR CINEMA ROAD, LUDHIANA, DISTT.LUDHIANA. PUNJAB 141008, Pincode: 141008, LUDHIANA, Punjab.
What is the MICR Code for State Bank of India SHINGAR CINEMA ROAD, LUDHIANA?
The MICR Code for electronic cheque clearing at State Bank of India SHINGAR CINEMA ROAD, LUDHIANA is 141002062.
How to decipher the IFSC code SBIN0016741?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '016741' represent the specific SHINGAR CINEMA ROAD, LUDHIANA branch code.
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