Odisha State Co-operative Bank, SAMBALPUR, SAMBALPUR Branch IFSC Code

The IFSC code ORCB0001006 is assigned to Odisha State Co-operative Bank, SAMBALPUR located in SAMBALPUR, ODISHA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS

Bank Details

Bank Name Odisha State Co-operative Bank
IFSC Code ORCB0001006
MICR Code 768218002
Branch Code 001006
Branch SAMBALPUR
City SAMBALPUR
District SAMBALPUR
State ODISHA
Address BUDHARAJA,SAMBALPUR-768004 Maps
Contact +916632404835

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

ORCB Bank Code
0 Reserved (0)
001006 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

768 City Code
218 Bank Code
002 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code ORCB0001006 is the Indian Financial System Code assigned to Odisha State Co-operative Bank, SAMBALPUR branch in SAMBALPUR, ODISHA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SAMBALPUR, SAMBALPUR, ODISHA. The full address is: BUDHARAJA,SAMBALPUR-768004

The branch code is 001006. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Odisha State Co-operative Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 768218002. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: ORCB0001006
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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