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Oriental Bank Of Commerce Zirakpur Sas Nagar Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Zirakpur Sas Nagar Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dhakoli Distt Sas Nagar
Contact 0-1762-270232
Bank Details Oriental Bank Of Commerce Dhakoli Distt Sas Nagar ORBC0101831
Location Zirakpur, Sas Nagar
City Zirakpur
District Sas Nagar
State Punjab
Pincode 140607
Country IN
Address Sco -09 & 10, ms encla,dhakoli(zirakpur), dis,zirakpur,
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 Dhakoli Distt Sas Nagar 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, Dhakoli Distt Sas Nagar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Dhakoli Distt Sas Nagar 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 -

>>Dhakoli Distt Sas Nagar

MICR code for Oriental Bank Of Commerce Dhakoli Distt Sas Nagar

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 Dhakoli Distt Sas Nagar 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 Dhakoli Distt Sas Nagar branch. MICR code for Dhakoli Distt Sas Nagar 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 Dhakoli Distt Sas Nagar is presented in the table alongside.

Use of Oriental Bank MICR code for Dhakoli Distt Sas Nagar branch in zirakpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dhakoli Distt Sas Nagar 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.