IFSC Code of State Bank of India, RNW FOCAL POINT LUDHIANA, LUDHIANA

SBIN0002342

BankState Bank of India
IFSC CodeSBIN0002342
Branch Code002342 (last six characters of IFSC)
BranchRNW FOCAL POINT LUDHIANA
City / DistrictLUDHIANA
StatePUNJAB

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State Bank of India RNW FOCAL POINT LUDHIANA IFSC Code

The RNW FOCAL POINT LUDHIANA branch of State Bank of India located in LUDHIANA, PUNJAB is identified by the IFSC code SBIN0002342. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0002342

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0002342 to identify the RNW FOCAL POINT LUDHIANA branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, RNW FOCAL POINT LUDHIANA?
The IFSC code is SBIN0002342.

What is the branch code?
The branch code is 002342, the last six characters of the IFSC code.