IFSC code for Sambalpur District Co-operative Central Bank, Sambalpur district co-operative central bank imps, Baragarh, Maharashtra
Updated on: Friday, November 1, 2024
IFSC CODE
ORCB0SBP001
Sambalpur District Co-operative Central Bank
Sambalpur District Co-operative Central Bank Imps, Mumbai, Maharashtra
Address
At- Lengu Mishra Chowk,po-baragarh, Dist-baragarh - 768028
Sambalpur District Co-operative Central Bank
Sambalpur District Co-operative Central Bank Imps, Mumbai, Maharashtra
Address
At- Lengu Mishra Chowk,po-baragarh, Dist-baragarh - 768028
Bank Details
IFSC Code
ORCB0SBP001
MICR Code
768800302
Bank Code
(Based on IFSC)
SDTX
Bank Code
(Based on MICR)
800
Contact
+916646233157
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IFSC Code of Sambalpur District Co-operative Central Bank
Every Sambalpur District Co-operative Central Bank branch in India has a unique Sambalpur District Co-operative Central Bank IFSC Code. Sambalpur District Co-operative Central Bank IFSC Code enables Sambalpur District Co-operative Central Bank account holders to send and receive money electronically. Sambalpur District Co-operative Central Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Sambalpur District Co-operative Central Bank IFSC Code ORCB0SBP001
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., ORCB, denotes the name of the bank which is Sambalpur District Co-operative Central Bank.
The fifth character is 0.
The last six digits of the code, i.e., SBP001, represents the branch which is Sambalpur District Co-operative Central Bank
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MICR Code of Sambalpur District Co-operative Central Bank
Every Sambalpur District Co-operative Central Bank branch in India has a unique Sambalpur District Co-operative Central Bank MICR Code. MICR code for Sambalpur District Co-operative Central Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Sambalpur District Co-operative Central Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
