Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Dcb Bank Limited for its Similiguda branch in Koraput, Similiguda, or Odisha, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Dcb Bank Limited located in Koraput or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code DCBL0000360. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Dcb Bank Limited, Similiguda, Koraput
Here are the main details that are associated with the IFSC Code DCBL0000360 of Dcb Bank Limited for its branch located in Koraput, within the district of Similiguda in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Dcb Bank Limited |
| IFSC Code | DCBL0000360 |
| Branch | Similiguda |
| City | Koraput |
| District | Similiguda |
| State | Odisha |
| Address | Dcb Bank Limited , Similiguda Branch , Main Road , Nh 43 , Besides Hotel Lemon Castle , O.C.C.Nagar , Similiguda , District - Koraput , State - Orissa , Pin - 764036 |
These details are important not only for users using online banking but also for businesses and individuals who use Dcb Bank Limited in Koraput for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DCBL0000360 for the Similiguda branch of Dcb Bank Limited is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Dcb Bank Limited located in Similiguda, Koraput, Odisha, is provided with a unique IFSC like DCBL0000360 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Dcb Bank Limited branch in Koraput.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Koraput and Similiguda.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Dcb Bank Limited in Similiguda do not get mixed with another location.
Format of the IFSC Code DCBL0000360
The format of the IFSC Code for banks, including Dcb Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Dcb Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Similiguda in Koraput.
For example, the IFSC Code DCBL0000360 of Dcb Bank Limited for the Similiguda branch has these elements, identifying the bank and the branch location in Koraput and Odisha correctly.
How to Find IFSC Code for Dcb Bank Limited?
If you are trying to find the IFSC Code DCBL0000360 of Dcb Bank Limited for its Similiguda branch located in Koraput, the following methods can help:
Cheque Book
The cheque book issued by Dcb Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Dcb Bank Limited branches in Koraput and Similiguda, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Dcb Bank Limited and navigate to the branch locator section. Search for Similiguda or Koraput to get the exact IFSC Code DCBL0000360.
Mobile Banking App
If you use Dcb Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Dcb Bank Limited and Koraput, you'll get the correct details.
How to Use IFSC Code DCBL0000360 for Online Transfers?
Once you have the IFSC Code DCBL0000360 for the Similiguda branch of Dcb Bank Limited in Koraput, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DCBL0000360. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Dcb Bank Limited IFSC Code DCBL0000360.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Dcb Bank Limited Similiguda in Koraput, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Dcb Bank Limited in Similiguda, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Dcb Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Koraput to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Similiguda Koraput branch is DCBL0000360.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Dcb Bank Limited , Similiguda Branch , Main Road , Nh 43 , Besides Hotel Lemon Castle , O.C.C.Nagar , Similiguda , District - Koraput , State - Orissa , Pin - 764036.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.