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Oriental Bank Of Commerce Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Lucknow Lucknow Uttar Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hazratganj Lucknow
Contact
Bank Details Oriental Bank Of Commerce Hazratganj Lucknow ORBC0100050
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226001
Country IN
Address 94,mahatma gandhi marg,hazratganj,uttar pradesh,226001
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 226022002 for Hazratganj Lucknow 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 226022002 of Oriental Bank, Hazratganj Lucknow branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Hazratganj Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Hazratganj Lucknow

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 Hazratganj Lucknow 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. 226022002 is the MICR code of OBC Bank for Hazratganj Lucknow branch. MICR code for Hazratganj Lucknow 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 Hazratganj Lucknow is presented in the table alongside.

Use of Oriental Bank MICR code for Hazratganj Lucknow branch in lucknow

The MICR code 226022002 is used in RBI cheque clearing process to identify the branch Hazratganj Lucknow 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.