IFSC codes of all banks in punjab

Below are the IFSC code of all banks in punjab with branch details. Click on the individual IFSC code for more details. Banks uses different code for its different banking service. Make sure to check your IFSC code with recipient or bank before starting your money transfer. Cross checking provided IFSC code directly with your recipient bank is highly recommanded.

IFSC codes of all banks in punjab

Bank	City	Branch	IFSC Code
STATE BANK OF INDIA	LEHRA MOHBAT	LEHRA MOHABAT	SBIN0050840
STATE BANK OF INDIA	JALANDHAR	REC JALANDHAR	SBIN0050841
STATE BANK OF INDIA	BELA	BELA	SBIN0050842
STATE BANK OF INDIA	MALAUDH	MALAUD	SBIN0050854
STATE BANK OF INDIA	RAMPURA PHUL	RAMPURA BHARTIYA MODEL SCHOOL	SBIN0050855
STATE BANK OF INDIA	BATHINDA	BATHINDA SSD GIRLS COLLEGE	SBIN0050857
STATE BANK OF INDIA	HARIANA	HARIANA	SBIN0050863
STATE BANK OF INDIA	AMRITSAR	AMRITSAR CIVIL LINES	SBIN0050864
STATE BANK OF INDIA	AMRITSAR	AMRITSAR CHHEHRATTA	SBIN0050865
STATE BANK OF INDIA	FARIDKOT	FARIDKOT,GURU GOVIND SINGH MEDICAL COLLEGE	SBIN0050866
STATE BANK OF INDIA	GHANAUR	GHANAUR	SBIN0050867
STATE BANK OF INDIA	BATHINDA	BATHINDA MILK PLANT	SBIN0050872
STATE BANK OF INDIA	ADAMPUR	ADAMPUR	SBIN0050873
STATE BANK OF INDIA	JALANDHAR	MODEL TOWN JALANDHAR	SBIN0050874
STATE BANK OF INDIA	JALANDHAR	URBAN ESTATE , JALANDHAR	SBIN0050875
STATE BANK OF INDIA	KHANNA	KHANNA	SBIN0050876
STATE BANK OF INDIA	BARIWALA	BARIWALA	SBIN0050884
STATE BANK OF INDIA	BARNALA	BARNALA S.D. COLLEGE	SBIN0050888
STATE BANK OF INDIA	PATIALA	ADMINISTRATATIVE OFFICE, PATIALA	SBIN0050902
STATE BANK OF INDIA	LUDHIANA	GIASPURA LUDHIANA	SBIN0050925
STATE BANK OF INDIA	LUDHIANA	MODEL TOWN LUDHIANA	SBIN0050926
STATE BANK OF INDIA	LUDHIANA	AGAR NAGAR LUDHIANA	SBIN0050928
STATE BANK OF INDIA	FAZILKA	NEW GRAIN MARKET, FAZILKA	SBIN0050932
STATE BANK OF INDIA	KOT KAPURA	AGRI CPC KOTKAPURA	SBIN0050935
STATE BANK OF INDIA	DHURI	DHURI,MALERKOTLA ROAD	SBIN0050965

Understanding IFSC Codes

IFSC (Indian Financial System Code) is an 11-digit alphanumeric code that uniquely identifies all banks and their respective branches participating in the online funds transfer process.

The IFSC Code is assigned to each bank branch by the Reserve Bank of India (RBI) to monitor the online transfer of money. The electronic or online transactions for transferring funds via NEFT (National Electronic Fund Transfer), RTGS (Real Time Gross Settlement) and IMPS (Immediate Payment System) cannot be initiated without a valid IFSC Code.

Benefits of Indian Financial System Code (IFSC)
The code uniquely identifies a specific bank branch, hence helping customers to avoid any possible mistakes during the online transfer of funds via NEFT, RTGS or IMPS. The customer need not visit the branch for any financial transfer, hence can opt for online money transfer with the help of IFSC Code. It is, therefore, a rather convenient and eco-friendly option. All the online transactions including paying bills can be easily processed with the help of the IFSC code. The code is used by the RBI to monitor all the online transactions performed by an individual hence eliminating the chances of any discrepancy in the fund transfer process

IFSC Code example

BBBB - First 4 characters - bank code (only letters)

R - Next 1 characters - The fifth character is 0 (zero) and reserved for future use.

XXXXXX - Next 6 characters - represents branch (letters and digits)

IFSC - Frequently Asked Questions(FAQ)

What is Indian Financial System Code (IFSC)?

IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system. It’s a 11-digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch. The 5th character is 0 (zero). IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.

How can I find the IFSC of a bank-branch?

Bank-wise list of IFSCs is available with all the bank-branches participating in NEFT scheme. List of bank-wise branches participating in NEFT and their IFSCs is also available on our website. All member banks have also been advised to print the IFSC of the branch on cheques issued to their customers.

Who can avail NEFT system for fund transfer / receipt?

Individuals, firms and corporates maintaining accounts with any member bank, participating in the NEFT system, can electronically transfer funds to any individual, firm or corporate having an account with any other bank in the country participating in the NEFT system.

Is there any limit on funds / amount to be remitted through NEFT system?

No, there is no limit imposed by the RBI for funds transfer through NEFT system. However, banks may place amount limits based on their own risk perception with the approval of its Board.

Can the NEFT system be used for remitting funds even by those who do not have a bank account?

Yes, the person having no bank account can remit funds through NEFT to a beneficiary having a bank account, with another NEFT member bank. It can be done by depositing cash at the nearest NEFT enabled branch of any bank, by furnishing additional details such as complete address, telephone number, etc. Such cash remittances will, however, be restricted to a maximum of ₹ 50,000/- per transaction.

Can I send funds to my relative/friend residing abroad through NEFT system?

The outbound remittances through NEFT system are permitted only to Nepal under Indo-Nepal Remittance Scheme. Under this scheme, the remitter can transfer funds from any of the NEFT-enabled bank branches in India to Nepal, irrespective of whether the beneficiary in Nepal maintains an account with a bank branch in Nepal or not. The beneficiary would receive funds in Nepalese Rupees.

What are the operating hours of NEFT?

The NEFT system is available round the clock throughout the year on all days, i.e., on 24x7x365 basis. NEFT presently operates in batches on half-hourly intervals throughout the day. In case of non-availability of NEFT for any reason, appropriate message will be broadcasted by RBI to all system participants.

What are the essential details required for remitting funds through NEFT system?

The essential elements of beneficiary's identification are:
Beneficiary's Name
Beneficiary's Branch Name
Beneficiary's Bank Name
Beneficiary's Account Type
Beneficiary's Account No.
Beneficiary's Branch IFSC

How much time should I expect for receipt of funds by beneficiary?

You may expect timeline of two hours from the batch settlement within which beneficiary’s account should be credited.

What happens if I write wrong account number of beneficiary?

The credit is given to the account number written / given by remitter in his / her application / instruction. Credit to beneficiary account is released solely based on account number. It is the responsibility of remitting customer to write correct account number. The originator / sender should exercise due care in providing the correct account number of the beneficiary, in the NEFT remittance instruction / application.

How can I check a IFSC code?

You can use IFSC Code Checker tool to cross check your IFSC code. It is important to cross check your IFSC code with recipient bank before initiating money transfer.

How can I track status of NEFT transactions initiated? Who should be approached to know status of the NEFT transaction?

The remitter and the beneficiary can track status of NEFT transaction by contacting NEFT Customer Facilitation Centre (CFC) of their bank, respectively. Details of NEFT Customer Facilitation Centre of banks are available on the websites of the respective banks.