Let Others Know
×
LinkedIn
Email
WhatsApp

Oriental Bank Of Commerce Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Coimbatore Coimbotore Tamil Nadu

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Avinash Road Coimbatore
Contact 0422-2217285
Bank Details Oriental Bank Of Commerce Avinash Road Coimbatore ORBC0101044
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641018
Country IN
Address 1057 jaya enclave,avinashi road,tamil nadu,641018
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 641022003 for Avinash Road Coimbatore 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 641022003 of Oriental Bank, Avinash Road Coimbatore branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Avinash Road Coimbatore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Oriental Bank Of Commerce are available with micr code -

>>Avinash Road Coimbatore >>Coimbatore >>Vysial Street Coimbatore

MICR code for Oriental Bank Of Commerce Avinash Road Coimbatore

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 Avinash Road Coimbatore 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. 641022003 is the MICR code of OBC Bank for Avinash Road Coimbatore branch. MICR code for Avinash Road Coimbatore 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 Avinash Road Coimbatore is presented in the table alongside.

Use of Oriental Bank MICR code for Avinash Road Coimbatore branch in coimbatore

The MICR code 641022003 is used in RBI cheque clearing process to identify the branch Avinash Road Coimbatore 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.