Below are the complete branch details for State Bank of India, P SB, RAIPUR branch, located in RAIPUR, CHATTISGARH. The IFSC assigned by the Reserve Bank of India to this branch is SBIN0030500. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SBIN0030500 for State Bank of India – P SB, RAIPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, SBIN0030500 is the IFSC of State Bank of India's P SB, RAIPUR branch. The format is fixed: SBIN = bank code, 0 = reserved, 030500 = branch identifier.
About the bank
State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its P Sb, Raipur branch in Raipur, Chattisgarh is part of this network and uses the IFSC code SBIN0030500 for all electronic settlement.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | P Sb, Raipur |
| IFSC Code | SBIN0030500 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 3 BY 326,CIVIL LINES,INDRAWATI COLONY ROAD |
| City | Raipur |
| District | Raipur |
| State | Chattisgarh |
| STD Code | 0 |
| Phone | 0 |
About this branch
The branch is located at 3 BY 326,CIVIL LINES,INDRAWATI COLONY ROAD. It serves the Raipur region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of State Bank of India. The IFSC SBIN0030500 is used to identify this branch on the RBI payments network.
Why every State Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including P SB, RAIPUR of State Bank of India — its own 11-character IFSC. The code SBIN0030500 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0030500 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the P Sb, Raipur branch is mapped to IFSC SBIN0030500 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SBIN0030500.
Products and services
Customers walking into the P Sb, Raipur branch can access most of State Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC SBIN0030500
How to transfer money using IFSC SBIN0030500
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0030500 across all three.
How to use IFSC SBIN0030500 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's P SB, RAIPUR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SBIN0030500.
- Confirm the bank name auto-populates as State Bank of India and the branch as P SB, RAIPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SBIN0030500
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – P SB, RAIPUR, ensure your bank's portal accepts IFSC SBIN0030500 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India P SB, RAIPUR (IFSC SBIN0030500)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0030500 in your mobile or internet banking app, and the money is credited to the P SB, RAIPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0030500 for State Bank of India – P SB, RAIPUR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SBIN0030500 | Yes – SBIN0030500 | Yes – SBIN0030500 |
For most retail customers crediting the P Sb, Raipur branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC SBIN0030500
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – P SB, RAIPUR is still mapped to IFSC SBIN0030500. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0030500 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the P Sb, Raipur branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SBIN0030500 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the P Sb, Raipur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0030500 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC SBIN0030500
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to State Bank of India – P SB, RAIPUR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SBIN0030500. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The P Sb, Raipur branch sits at 3 BY 326,CIVIL LINES,INDRAWATI COLONY ROAD. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 0 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SBIN0030500 and your account number.
Verifying IFSC SBIN0030500 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0030500 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The P Sb, Raipur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0030500, however, work 24x7.
Branch address & contact
State Bank of IndiaP Sb, Raipur Branch
3 BY 326,CIVIL LINES,INDRAWATI COLONY ROAD
Raipur, Chattisgarh
Phone: 0
IFSC: SBIN0030500
Frequently asked questions
How do I add State Bank of India P Sb, Raipur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0030500, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SBIN0030500 valid for NEFT and RTGS?
Yes. IFSC SBIN0030500 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using SBIN0030500 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – P Sb, Raipur reflect within 30 minutes.
Where is State Bank of India P Sb, Raipur branch located?
State Bank of India's P Sb, Raipur branch is located at 3 BY 326,CIVIL LINES,INDRAWATI COLONY ROAD, Raipur, Chattisgarh.
Does State Bank of India P Sb, Raipur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
Can I use IFSC SBIN0030500 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0030500 to send funds instantly.
Is IFSC SBIN0030500 the same for all accounts at P Sb, Raipur branch?
Yes. The IFSC SBIN0030500 is shared by every account held at State Bank of India's P Sb, Raipur branch. Only the account number changes from customer to customer.
What is the phone number of State Bank of India P Sb, Raipur branch?
You can reach the branch at 0 during regular banking hours.
Summary
The IFSC code SBIN0030500 belongs to State Bank of India's P SB, RAIPUR branch, located at 3 BY 326,CIVIL LINES,INDRAWATI COLONY ROAD in RAIPUR, CHATTISGARH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
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