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Oriental Bank Of Commerce Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Bangalore Bangalore Karnataka

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dasarahalli
Contact
Bank Details Oriental Bank Of Commerce Dasarahalli ORBC0101392
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560057
Country IN
Address 1/2, national highway,tumkur rd, t. Dasarahalli
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 560022016 for Dasarahalli 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 560022016 of Oriental Bank, Dasarahalli branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Dasarahalli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Oriental Bank Of Commerce are available with micr code -

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MICR code for Oriental Bank Of Commerce Dasarahalli

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 Dasarahalli 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. 560022016 is the MICR code of OBC Bank for Dasarahalli branch. MICR code for Dasarahalli 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 Dasarahalli is presented in the table alongside.

Use of Oriental Bank MICR code for Dasarahalli branch in bangalore

The MICR code 560022016 is used in RBI cheque clearing process to identify the branch Dasarahalli 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.