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Oriental Bank Of Commerce Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Ranchi Ranchi Jharkhand

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ec Ranchi Doranda College
Contact 0651-2508187
Bank Details Oriental Bank Of Commerce Ec Ranchi Doranda College ORBC0105199
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834002
Country IN
Address Doranda college,doranda,jharkhand ,834002
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 834022005 for Ec Ranchi Doranda College 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 834022005 of Oriental Bank, Ec Ranchi Doranda College branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Ec Ranchi Doranda College 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 -

>>Ec Ranchi Doranda College >>Harmu Road Ranchi >>Kanke Road Ranchi >>Ranchi Kutchery Road >>Ranchi University Campus >>Ranchi Womens College >>Ranchradu >>Singh More Distt Ranchi

MICR code for Oriental Bank Of Commerce Ec Ranchi Doranda College

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 Ranchi Doranda College 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. 834022005 is the MICR code of OBC Bank for Ec Ranchi Doranda College branch. MICR code for Ec Ranchi Doranda College 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 Ranchi Doranda College is presented in the table alongside.

Use of Oriental Bank MICR code for Ec Ranchi Doranda College branch in ranchi

The MICR code 834022005 is used in RBI cheque clearing process to identify the branch Ec Ranchi Doranda College 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.