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Oriental Bank Of Commerce Abohar Ferozpur Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Abohar Ferozpur Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Abohar Grain Market
Contact
Bank Details Oriental Bank Of Commerce Abohar Grain Market ORBC0101629
Location Abohar, Ferozpur
City Abohar
District Ferozpur
State Punjab
Pincode 152001
Country IN
Address Grain market, abohar, distt- ferozepur,
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

Search Oriental Bank Of Commerce MICR Codes in ferozpur

You can search through MICR Codes of Punjab branches in abohar of District ferozpur in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Oriental Bank Of Commerce are available with micr code -

>>Abohar Grain Market

How to find MICR codes for Oriental Bank Of Commerce in abohar?

Oriental Bank Of Commerce abohar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Oriental Bank MICR codes list for abohar, one can further search by branch name specified in the table. You can find MICR codes for all Oriental Bank Of Commerce abohar branches.

Oriental Bank MICR code in abohar

Oriental Bank Of Commerce MICR code is a character recognition technology used by banks in the processing of cheques. Oriental Bank MICR code for abohar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for OBC Bank branches in abohar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does OBC Bank MICR code for abohar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Oriental Bank Of Commerce abohar branch, sprinted using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. Thus MICR code for Oriental Bank abohar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of OBC Bank MICR codes for abohar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!