State Bank of India DRAKSHARAMA Branch IFSC Code

SBIN 0002711
State Bank of India Logo State Bank of India
DRAKSHARAMA — EAST GODAVARI, ANDHRA PRADESH
MICR: 533002823 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
DRAKSHARAMA
IFSC Code
SBIN0002711
MICR Code
533002823
Address
DISTEAST GODAVARI ANDHRA PRADESH 533262
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City
EAST GODAVARI
District
DRAKSHARAMA
State
ANDHRA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0002711 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0002711.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0002711.

IFSC Code Structure

S
B
I
N
0
0
0
2
7
1
1
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 002711 — Branch code (DRAKSHARAMA)

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Frequently Asked Questions

Is SBIN0002711 valid for online transfer?
Yes, SBIN0002711 is a valid IFSC code for State Bank of India DRAKSHARAMA branch in EAST GODAVARI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0002711 belong to?
SBIN0002711 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India DRAKSHARAMA is 533002823. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0002711?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.