Let Others Know
×
LinkedIn
Email
WhatsApp

Oriental Bank Of Commerce Bhatinda Bhatinda Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Bhatinda Bhatinda Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Court Complex Bathinda
Contact 0164-2214840,2217701
Bank Details Oriental Bank Of Commerce Court Complex Bathinda ORBC0100955
Location Bhatinda, Bhatinda
City Bhatinda
District Bhatinda
State Punjab
Pincode 151001
Country IN
Address Court complex,court,punjab ,151001
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 151022004 for Court Complex Bathinda 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 151022004 of Oriental Bank, Court Complex Bathinda branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Court Complex Bathinda branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Court Complex Bathinda

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 Court Complex Bathinda 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. 151022004 is the MICR code of OBC Bank for Court Complex Bathinda branch. MICR code for Court Complex Bathinda 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 Court Complex Bathinda is presented in the table alongside.

Use of Oriental Bank MICR code for Court Complex Bathinda branch in bhatinda

The MICR code 151022004 is used in RBI cheque clearing process to identify the branch Court Complex Bathinda 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.