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 The Odisha State Cooperative Bank Ltd for its Cuttack Road branch in Bhubaneswar, Hrh, 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 The Odisha State Cooperative Bank Ltd located in Bhubaneswar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ORCB0001009. 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 The Odisha State Cooperative Bank Ltd, Cuttack Road, Bhubaneswar
Below in the table are the key details related to IFSC Code ORCB0001009 of The Odisha State Cooperative Bank Ltd for its branch located in Bhubaneswar, within the district of Hrh in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | The Odisha State Cooperative Bank Ltd |
| IFSC Code | ORCB0001009 |
| Branch | Cuttack Road |
| City | Bhubaneswar |
| District | Hrh |
| State | Odisha |
| Address | Plot No-236,Cuttack Road,Bhubaneswar-751006 |
These details are essential not only for online banking users but also for businesses and individuals who use The Odisha State Cooperative Bank Ltd in Bhubaneswar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ORCB0001009 for the Cuttack Road branch of The Odisha State Cooperative Bank Ltd plays an important role.
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 The Odisha State Cooperative Bank Ltd located in Cuttack Road, Bhubaneswar, Odisha, is provided with a unique IFSC like ORCB0001009 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Odisha State Cooperative Bank Ltd branch in Bhubaneswar.
- 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 Bhubaneswar and Hrh.
- 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 The Odisha State Cooperative Bank Ltd in Cuttack Road do not get mixed with another location.
Format of the IFSC Code ORCB0001009
This is the format of the IFSC Code for banks, including The Odisha State Cooperative Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Odisha State Cooperative Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Cuttack Road in Bhubaneswar.
For example, the IFSC Code ORCB0001009 of The Odisha State Cooperative Bank Ltd for the Cuttack Road branch includes these elements, identifying the bank and the branch location in Bhubaneswar and Odisha accurately.
How to Find IFSC Code for The Odisha State Cooperative Bank Ltd?
If you are trying to find the IFSC Code ORCB0001009 of The Odisha State Cooperative Bank Ltd for its Cuttack Road branch located in Bhubaneswar, the following methods can help:
Cheque Book
The cheque books that are issued by The Odisha State Cooperative Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including The Odisha State Cooperative Bank Ltd branches in Bhubaneswar and Hrh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Odisha State Cooperative Bank Ltd and find the branch locator section. Search for Cuttack Road or Bhubaneswar to get the exact IFSC Code ORCB0001009.
Mobile Banking App
If you use The Odisha State Cooperative Bank Ltd's mobile app, you can easily 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 to help you in searching for The Odisha State Cooperative Bank Ltd and Bhubaneswar that will provide accurate information.
How to Use IFSC Code ORCB0001009 for Online Transfers?
Once you have the IFSC Code ORCB0001009 for the Cuttack Road branch of The Odisha State Cooperative Bank Ltd in Bhubaneswar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ORCB0001009. 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 ORCB0001009.
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 Cuttack Road in Bhubaneswar 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 Cuttack Road, 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 Bhubaneswar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Cuttack Road Bhubaneswar branch is ORCB0001009.
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 Plot No-236,Cuttack Road,Bhubaneswar-751006.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.