Let Others Know
×
LinkedIn
Email
WhatsApp

Oriental Bank Of Commerce Barnala Barnala Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Barnala Barnala Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Diwana Distt. Barnala
Contact 9780052898
Bank Details Oriental Bank Of Commerce Diwana Distt. Barnala ORBC0102025
Location Barnala, Barnala
City Barnala
District Barnala
State Punjab
Pincode 148100
Country IN
Address Vpo-diwana, tehsil- tapa, distt. Barnala, pin-148100
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 Diwana Distt. Barnala 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, Diwana Distt. Barnala branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Diwana Distt. Barnala 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 -

>>Diwana Distt. Barnala

MICR code for Oriental Bank Of Commerce Diwana Distt. Barnala

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 Diwana Distt. Barnala 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 Diwana Distt. Barnala branch. MICR code for Diwana Distt. Barnala 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 Diwana Distt. Barnala is presented in the table alongside.

Use of Oriental Bank MICR code for Diwana Distt. Barnala branch in barnala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Diwana Distt. Barnala 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.