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Oriental Bank Of Commerce Bhandup Bhandup Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Bhandup Bhandup Maharashtra

Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Bhandup
Contact 022-25947190
Bank Details Oriental Bank Of Commerce Mumbai Bhandup ORBC0101366
Location Bhandup, Bhandup
City Bhandup
District Bhandup
State Maharashtra
Pincode 400078
Country IN
Address Shop no g1, gr floor,corpora , lbs marg, bhandup (w)
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 bhandup

You can search through MICR Codes of Maharashtra branches in bhandup of District bhandup in Maharashtra 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 -

>>Mumbai Bhandup

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

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

Oriental Bank MICR code in bhandup

Oriental Bank Of Commerce MICR code is a character recognition technology used by banks in the processing of cheques. Oriental Bank MICR code for bhandup 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 bhandup, 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 bhandup 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 bhandup 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 bhandup branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of OBC Bank MICR codes for bhandup branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!