The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Odisha State Cooperative Bank Ltd for its Banki Central Cooperative Bank Ltd branch in Banki, Cuutack, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Odisha State Cooperative Bank Ltd located in Banki or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ORCB0BNK001. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Odisha State Cooperative Bank Ltd, Banki Central Cooperative Bank Ltd, Banki
The table below shows the main details of the IFSC Code ORCB0BNK001 for the The Odisha State Cooperative Bank Ltd branch in Banki, which falls under the Cuutack district in Odisha.
| Particulars | Details |
|---|---|
| Bank | The Odisha State Cooperative Bank Ltd |
| IFSC Code | ORCB0BNK001 |
| Branch | Banki Central Cooperative Bank Ltd |
| City | Banki |
| District | Cuutack |
| State | Odisha |
| Address | At-Khamaranga,Po-Banki, Dist-Cuttack - 754008 |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Odisha State Cooperative Bank Ltd in Banki for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ORCB0BNK001 for the Banki Central Cooperative Bank Ltd branch of The Odisha State Cooperative Bank Ltd has an important 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 ORCB0BNK001 is given to every bank branch, including The Odisha State Cooperative Bank Ltd located in Banki Central Cooperative Bank Ltd, Banki, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Odisha State Cooperative Bank Ltd branch in Banki.
- 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 Banki and Cuutack.
- 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 The Odisha State Cooperative Bank Ltd in Banki Central Cooperative Bank Ltd doesn't end up at another location.
Format of the IFSC Code ORCB0BNK001
The format of the IFSC Code for banks, including The Odisha State Cooperative Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For The Odisha State Cooperative Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Banki Central Cooperative Bank Ltd in Banki.
For example, the IFSC Code ORCB0BNK001 of The Odisha State Cooperative Bank Ltd for the Banki Central Cooperative Bank Ltd branch includes these elements, identifying the bank and the branch location in Banki and Odisha accurately.
How to Find IFSC Code for The Odisha State Cooperative Bank Ltd?
If you are looking for the IFSC Code ORCB0BNK001 of The Odisha State Cooperative Bank Ltd for its Banki Central Cooperative Bank Ltd branch located in Banki, the following methods can help:
Cheque Book
The cheque book that is issued by The Odisha State Cooperative Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including The Odisha State Cooperative Bank Ltd branches in Banki and Cuutack, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Odisha State Cooperative Bank Ltd and look for the branch locator section, then search for Banki Central Cooperative Bank Ltd or Banki to get the exact IFSC Code ORCB0BNK001.
Mobile Banking App
If you use The Odisha State Cooperative Bank Ltd's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Odisha State Cooperative Bank Ltd and Banki, then it will provide you proper information.
How to Use IFSC Code ORCB0BNK001 for Online Transfers?
Once you have the IFSC Code ORCB0BNK001 for the Banki Central Cooperative Bank Ltd branch of The Odisha State Cooperative Bank Ltd in Banki, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ORCB0BNK001. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Odisha State Cooperative Bank Ltd IFSC Code ORCB0BNK001.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Odisha State Cooperative Bank Ltd Banki Central Cooperative Bank Ltd in Banki, it can 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 The Odisha State Cooperative Bank Ltd in Banki Central Cooperative Bank Ltd, 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 The Odisha State Cooperative Bank Ltd website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Banki manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ORCB0BNK001.
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 At-Khamaranga,Po-Banki, Dist-Cuttack - 754008 located in Banki, Cuutack, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.