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 The Odisha State Cooperative Bank Ltd for its Sambalpur District Cooperative Central Bank Ltd branch in Baragarh, Baragarh, 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 The Odisha State Cooperative Bank Ltd located in Baragarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ORCB0SBP001. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Odisha State Cooperative Bank Ltd, Sambalpur District Cooperative Central Bank Ltd, Baragarh
Here are the main details that are associated with the IFSC Code ORCB0SBP001 of The Odisha State Cooperative Bank Ltd for its branch located in Baragarh, within the district of Baragarh in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | The Odisha State Cooperative Bank Ltd |
| IFSC Code | ORCB0SBP001 |
| Branch | Sambalpur District Cooperative Central Bank Ltd |
| City | Baragarh |
| District | Baragarh |
| State | Odisha |
| Address | At- Lengu Mishra Chowk,Po-Baragarh, Dist-Baragarh - 768028 |
These details are important not only for users using online banking but also for businesses and individuals who use The Odisha State Cooperative Bank Ltd in Baragarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ORCB0SBP001 for the Sambalpur District Cooperative Central Bank Ltd branch of The Odisha State Cooperative Bank Ltd is vital.
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 ORCB0SBP001 is given to every bank branch, including The Odisha State Cooperative Bank Ltd located in Sambalpur District Cooperative Central Bank Ltd, Baragarh, 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 Baragarh.
- 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 Baragarh and Baragarh.
- 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 Sambalpur District Cooperative Central Bank Ltd doesn't end up at another location.
Format of the IFSC Code ORCB0SBP001
The format of the IFSC Code for banks, including The Odisha State Cooperative Bank Ltd, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Odisha State Cooperative Bank Ltd, 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 Sambalpur District Cooperative Central Bank Ltd in Baragarh.
For example, the IFSC Code ORCB0SBP001 of The Odisha State Cooperative Bank Ltd for the Sambalpur District Cooperative Central Bank Ltd branch includes these elements, identifying the bank and the branch location in Baragarh and Odisha correctly.
How to Find IFSC Code for The Odisha State Cooperative Bank Ltd?
If you are looking for the IFSC Code ORCB0SBP001 of The Odisha State Cooperative Bank Ltd for its Sambalpur District Cooperative Central Bank Ltd branch located in Baragarh, 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 Baragarh and Baragarh, 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 Sambalpur District Cooperative Central Bank Ltd or Baragarh to get the exact IFSC Code ORCB0SBP001.
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 Baragarh, then it will provide you proper information.
How to Use IFSC Code ORCB0SBP001 for Online Transfers?
Once you have the IFSC Code ORCB0SBP001 for the Sambalpur District Cooperative Central Bank Ltd branch of The Odisha State Cooperative Bank Ltd in Baragarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ORCB0SBP001. Transfers are processed in batches. This is 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. Requires the recipient's account details and The Odisha State Cooperative Bank Ltd IFSC Code ORCB0SBP001.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Odisha State Cooperative Bank Ltd Sambalpur District Cooperative Central Bank Ltd in Baragarh may result in delayed or failed transactions.
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 The Odisha State Cooperative Bank Ltd in Sambalpur District Cooperative Central Bank Ltd, 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 The Odisha State Cooperative Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Baragarh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sambalpur District Cooperative Central Bank Ltd Baragarh branch is ORCB0SBP001.
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 At- Lengu Mishra Chowk,Po-Baragarh, Dist-Baragarh - 768028.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.