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Oriental Bank Of Commerce Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Vijayawada Krishna Andhra Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ec One Town Vijaywada
Contact 0866-6669933,6669977
Bank Details Oriental Bank Of Commerce Ec One Town Vijaywada ORBC0105271
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520001
Country IN
Address Dno: 12-11-21, lpct,gujarathi vidhyalaya,andhra pradesh ,520001
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 520022003 for Ec One Town Vijaywada 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 520022003 of Oriental Bank, Ec One Town Vijaywada branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Ec One Town Vijaywada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Oriental Bank Of Commerce are available with micr code -

>>Ec One Town Vijaywada >>Gurunanak Colony Vijyawada >>M G Road Labbipet Vijayawada >>Vijayawada

MICR code for Oriental Bank Of Commerce Ec One Town Vijaywada

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 Ec One Town Vijaywada 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. 520022003 is the MICR code of OBC Bank for Ec One Town Vijaywada branch. MICR code for Ec One Town Vijaywada 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 Ec One Town Vijaywada is presented in the table alongside.

Use of Oriental Bank MICR code for Ec One Town Vijaywada branch in vijayawada

The MICR code 520022003 is used in RBI cheque clearing process to identify the branch Ec One Town Vijaywada 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.