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Oriental Bank Of Commerce Dehradun Dehradun Uttrakhand MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Dehradun Dehradun Uttrakhand

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balawala
Contact
Bank Details Oriental Bank Of Commerce Balawala ORBC0100321
Location Dehradun, Dehradun
City Dehradun
District Dehradun
State Uttrakhand
Pincode 248161
Country IN
Address Vill & po, balawala, dehradun, uttarkhand, 248161
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 248022003 for Balawala 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 248022003 of Oriental Bank, Balawala branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Balawala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Balawala

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 Balawala 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. 248022003 is the MICR code of OBC Bank for Balawala branch. MICR code for Balawala 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 Balawala is presented in the table alongside.

Use of Oriental Bank MICR code for Balawala branch in dehradun

The MICR code 248022003 is used in RBI cheque clearing process to identify the branch Balawala 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.