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Oriental Bank Of Commerce Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Bangalore Bangalore Urban Karnataka

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indira Nagar Bangalore
Contact 080-25203337
Bank Details Oriental Bank Of Commerce Indira Nagar Bangalore ORBC0100985
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560075
Country IN
Address 2722, hal iii stage,new thippasandra,karnataka ,560075
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 560022005 for Indira Nagar Bangalore 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 560022005 of Oriental Bank, Indira Nagar Bangalore branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Indira Nagar Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Indira Nagar Bangalore

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 Indira Nagar Bangalore 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. 560022005 is the MICR code of OBC Bank for Indira Nagar Bangalore branch. MICR code for Indira Nagar Bangalore 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 Indira Nagar Bangalore is presented in the table alongside.

Use of Oriental Bank MICR code for Indira Nagar Bangalore branch in bangalore

The MICR code 560022005 is used in RBI cheque clearing process to identify the branch Indira Nagar Bangalore 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.