State Bank of India RAIPURA Branch IFSC Code

SBIN 0006062
State Bank of India Logo State Bank of India
RAIPURA — PANNA, MADHYA PRADESH
MICR: 488002503 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
RAIPURA
IFSC Code
SBIN0006062
MICR Code
488002503
Address
PANNA, M P 488442
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City
PANNA
District
PANNA
State
MADHYA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0006062 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 SBIN0006062.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0006062.

IFSC Code Structure

S
B
I
N
0
0
0
6
0
6
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 006062 — Branch code (RAIPURA)

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Frequently Asked Questions

Is SBIN0006062 valid for online transfer?
Yes, SBIN0006062 is a valid IFSC code for State Bank of India RAIPURA branch in PANNA, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0006062 belong to?
SBIN0006062 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 RAIPURA is 488002503. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0006062?
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.