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Oriental Bank Of Commerce Rasulgarh Khurda Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Rasulgarh Khurda Orissa

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cuttack Road Bhubaneswar
Contact 0674-2548770
Bank Details Oriental Bank Of Commerce Cuttack Road Bhubaneswar ORBC0101941
Location Rasulgarh, Khurda
City Rasulgarh
District Khurda
State Orissa
Pincode 751010
Country IN
Address Cuutack road, bhubaneshwar, cuttack puri road, at plot no.1210, bomiklal, post-rasulgarh, dist:khurda, pincode:751010.
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 751022016 for Cuttack Road Bhubaneswar 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 751022016 of Oriental Bank, Cuttack Road Bhubaneswar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Cuttack Road Bhubaneswar 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 -

>>Cuttack Road Bhubaneswar >>Rasulgarh Distt Khurda

MICR code for Oriental Bank Of Commerce Cuttack Road Bhubaneswar

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 Cuttack Road Bhubaneswar 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. 751022016 is the MICR code of OBC Bank for Cuttack Road Bhubaneswar branch. MICR code for Cuttack Road Bhubaneswar 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 Cuttack Road Bhubaneswar is presented in the table alongside.

Use of Oriental Bank MICR code for Cuttack Road Bhubaneswar branch in rasulgarh

The MICR code 751022016 is used in RBI cheque clearing process to identify the branch Cuttack Road Bhubaneswar 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.