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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Odisha State Cooperative Bank Ltd for its Boudh Cooperative Central Bank Ltd branch in Boudh, Boudh, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of The Odisha State Cooperative Bank Ltd located in Boudh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ORCB0BOU001. 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, Boudh Cooperative Central Bank Ltd, Boudh

The table below shows the main details of the IFSC Code ORCB0BOU001 for the The Odisha State Cooperative Bank Ltd branch in Boudh, which falls under the Boudh district in Odisha.

Particulars Details
Bank The Odisha State Cooperative Bank Ltd
IFSC Code ORCB0BOU001
Branch Boudh Cooperative Central Bank Ltd
City Boudh
District Boudh
State Odisha
Address At-J.D High School Road, Po-Boudh, Dist- Boudh - 762014

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 Boudh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ORCB0BOU001 for the Boudh 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including The Odisha State Cooperative Bank Ltd located in Boudh Cooperative Central Bank Ltd, Boudh, Odisha, is provided a unique IFSC like ORCB0BOU001 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the The Odisha State Cooperative Bank Ltd branch in Boudh.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Boudh and Boudh.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for The Odisha State Cooperative Bank Ltd in Boudh Cooperative Central Bank Ltd do not get misguided to another person.

Format of the IFSC Code ORCB0BOU001

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 Boudh Cooperative Central Bank Ltd in Boudh.

For example, the IFSC Code ORCB0BOU001 of The Odisha State Cooperative Bank Ltd for the Boudh Cooperative Central Bank Ltd branch includes these elements, identifying the bank and the branch location in Boudh and Odisha accurately.

How to Find IFSC Code for The Odisha State Cooperative Bank Ltd?

To find the IFSC Code ORCB0BOU001 of The Odisha State Cooperative Bank Ltd for its Boudh Cooperative Central Bank Ltd branch located in Boudh, the following methods can help you out:

Cheque Book

The cheque book issued by The Odisha State Cooperative Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including The Odisha State Cooperative Bank Ltd branches in Boudh and Boudh, 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 go to the branch locator section. Then search for Boudh Cooperative Central Bank Ltd or Boudh to find the exact IFSC Code ORCB0BOU001.

Mobile Banking App

If you use The Odisha State Cooperative Bank Ltd'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 The Odisha State Cooperative Bank Ltd and Boudh will provide accurate information.

How to Use IFSC Code ORCB0BOU001 for Online Transfers?

Once you have the IFSC Code ORCB0BOU001 for the Boudh Cooperative Central Bank Ltd branch of The Odisha State Cooperative Bank Ltd in Boudh, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ORCB0BOU001. 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 ORCB0BOU001.

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 Boudh Cooperative Central Bank Ltd in Boudh 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 Boudh 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 Boudh to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Odisha State Cooperative Bank Ltd Boudh Cooperative Central Bank Ltd Boudh?

The IFSC Code of the Boudh Cooperative Central Bank Ltd Boudh branch is ORCB0BOU001.

Is IFSC Code ORCB0BOU001 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the The Odisha State Cooperative Bank Ltd Boudh Cooperative Central Bank Ltd branch?

The branch is located at At-J.D High School Road, Po-Boudh, Dist- Boudh - 762014.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.