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Oriental Bank Of Commerce Durgapur Durgapur West Bengal MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Durgapur Durgapur West Bengal

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch City Centre Durgapur
Contact
Bank Details Oriental Bank Of Commerce City Centre Durgapur ORBC0101411
Location Durgapur, Durgapur
City Durgapur
District Durgapur
State West Bengal
Pincode 713216
Country IN
Address City centre, 1st floor,opp.central library,durgapur ,713216
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 City Centre Durgapur 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, City Centre Durgapur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for City Centre Durgapur 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 -

>>City Centre Durgapur

MICR code for Oriental Bank Of Commerce City Centre Durgapur

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 City Centre Durgapur 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 City Centre Durgapur branch. MICR code for City Centre Durgapur 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 City Centre Durgapur is presented in the table alongside.

Use of Oriental Bank MICR code for City Centre Durgapur branch in durgapur

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