For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Reserve Bank Of India for its Bhubaneswar Regional Office branch in Khordha, Bhubaneswar, Odisha, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Reserve Bank Of India located in Khordha or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code RBIS0GOODER. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Reserve Bank Of India, Bhubaneswar Regional Office, Khordha
Here are some of the key details that come with the IFSC Code RBIS0GOODER of Reserve Bank Of India for its branch located in Khordha, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Reserve Bank Of India |
| IFSC Code | RBIS0GOODER |
| Branch | Bhubaneswar Regional Office |
| City | Khordha |
| District | Bhubaneswar |
| State | Odisha |
| Address | Pt. Jawaharlal Nehru Marg,P.B.No. 16,Bhubaneswar - 751001 |
These details helps users in online banking and for businesses and individuals who use Reserve Bank Of India in Khordha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RBIS0GOODER for the Bhubaneswar Regional Office branch of Reserve Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like RBIS0GOODER is given to every bank branch, including Reserve Bank Of India located in Bhubaneswar Regional Office, Khordha, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Reserve Bank Of India branch in Khordha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Khordha and Bhubaneswar.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Reserve Bank Of India in Bhubaneswar Regional Office doesn't end up at another location.
Format of the IFSC Code RBIS0GOODER
The format of the IFSC Code for banks, including Reserve Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Reserve Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhubaneswar Regional Office in Khordha.
For example, the IFSC Code RBIS0GOODER of Reserve Bank Of India for the Bhubaneswar Regional Office branch includes these elements, identifying the bank and the branch location in Khordha and Odisha accurately.
How to Find IFSC Code for Reserve Bank Of India?
To find the IFSC Code RBIS0GOODER of Reserve Bank Of India for its Bhubaneswar Regional Office branch located in Khordha, the following methods can help you out:
Cheque Book
The cheque book issued by Reserve Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Reserve Bank Of India branches in Khordha and Bhubaneswar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Reserve Bank Of India and go to the branch locator section. Then search for Bhubaneswar Regional Office or Khordha to find the exact IFSC Code RBIS0GOODER.
Mobile Banking App
If you use Reserve Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Reserve Bank Of India and Khordha will provide accurate information.
How to Use IFSC Code RBIS0GOODER for Online Transfers?
If you have the IFSC Code RBIS0GOODER for the Bhubaneswar Regional Office branch of Reserve Bank Of India in Khordha, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code RBIS0GOODER. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Reserve Bank Of India IFSC Code RBIS0GOODER.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Reserve Bank Of India Bhubaneswar Regional Office in Khordha, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Reserve Bank Of India in Bhubaneswar Regional Office, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Reserve Bank Of India website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Khordha manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is RBIS0GOODER.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Pt. Jawaharlal Nehru Marg,P.B.No. 16,Bhubaneswar - 751001 located in Khordha, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.