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Oriental Bank Of Commerce Ballabh Garh Faridabad Haryana MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Ballabh Garh Faridabad Haryana

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandawali
Contact 0129-2207077
Bank Details Oriental Bank Of Commerce Chandawali ORBC0101268
Location Ballabh Garh, Faridabad
City Ballabh Garh
District Faridabad
State Haryana
Pincode
Country IN
Address C/o madan singh & shyam singh,vill chandawal,ballabh garh,haryana
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 Chandawali 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, Chandawali branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Chandawali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Oriental Bank Of Commerce are available with micr code -

>>Ballabgarh >>Chandawali

MICR code for Oriental Bank Of Commerce Chandawali

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 Chandawali 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 Chandawali branch. MICR code for Chandawali 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 Chandawali is presented in the table alongside.

Use of Oriental Bank MICR code for Chandawali branch in ballabh garh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandawali 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.