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 Rourkela branch in Rourkela, Udgr, 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 Rourkela or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ORCB0001014. 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, Rourkela, Rourkela

Here are the key points that are associated with the IFSC Code ORCB0001014 of The Odisha State Cooperative Bank Ltd for its branch located in Rourkela, within the district of Udgr in the state of Odisha.

Particulars Details
Bank The Odisha State Cooperative Bank Ltd
IFSC Code ORCB0001014
Branch Rourkela
City Rourkela
District Udgr
State Odisha
Address Daily Market,Udit Nagar,Rourkela-769001

These details helps users in online banking and for businesses and individuals who use The Odisha State Cooperative Bank Ltd in Rourkela for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ORCB0001014 for the Rourkela branch of The Odisha State Cooperative Bank Ltd plays a vital role.

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 Rourkela, Rourkela, Odisha, is provided a unique IFSC like ORCB0001014 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 Rourkela.
  • 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 Rourkela and Udgr.
  • 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 Rourkela do not get misguided to another person.

Format of the IFSC Code ORCB0001014

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 Rourkela in Rourkela.

For example, the IFSC Code ORCB0001014 of The Odisha State Cooperative Bank Ltd for the Rourkela branch includes these elements, identifying the bank and the branch location in Rourkela and Odisha accurately.

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

If you are trying to find the IFSC Code ORCB0001014 of The Odisha State Cooperative Bank Ltd for its Rourkela branch located in Rourkela, 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 Rourkela and Udgr, 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 Rourkela or Rourkela to get the exact IFSC Code ORCB0001014.

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 Rourkela that will provide accurate information.

How to Use IFSC Code ORCB0001014 for Online Transfers?

If you have the IFSC Code ORCB0001014 for the Rourkela branch of The Odisha State Cooperative Bank Ltd in Rourkela, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ORCB0001014. 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 The Odisha State Cooperative Bank Ltd IFSC Code ORCB0001014.

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 The Odisha State Cooperative Bank Ltd Rourkela in Rourkela, it 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 Rourkela, 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 Rourkela 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 in Rourkela, Rourkela?

The IFSC Code is ORCB0001014.

Is the IFSC Code ORCB0001014 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Odisha State Cooperative Bank Ltd Rourkela?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rourkela branch?

The address of the branch is Daily Market,Udit Nagar,Rourkela-769001 located in Rourkela, Udgr, Odisha.

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.