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Oriental Bank Of Commerce Jatani Khurda Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Jatani Khurda Orissa

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aragul Jatani
Contact 0674-2491962
Bank Details Oriental Bank Of Commerce Aragul Jatani ORBC0101426
Location Jatani, Khurda
City Jatani
District Khurda
State Orissa
Pincode 752050
Country IN
Address Ramchandrapur bazaar, near maa damunei mandir, jatani, distt: khurda, pin - 752050
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.

How does MICR code 0 for Aragul Jatani branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Oriental Bank, Aragul Jatani branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Aragul Jatani branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Aragul Jatani

MICR code for Oriental Bank Of Commerce Aragul Jatani

Oriental Bank Of Commerce MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Oriental Bank MICR code for Aragul Jatani is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of OBC Bank for Aragul Jatani branch. MICR code for Aragul Jatani branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Oriental Bank Aragul Jatani is presented in the table alongside.

Use of Oriental Bank MICR code for Aragul Jatani branch in jatani

The MICR code 0 is used in RBI cheque clearing process to identify the branch Aragul Jatani and Oriental Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of OBC Bank is typically in either of these two font’s: E-138 and CMC-7.