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Oriental Bank Of Commerce Jaito Faridkot Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Jaito Faridkot Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaito
Contact 01635-230807
Bank Details Oriental Bank Of Commerce Jaito ORBC0100253
Location Jaito, Faridkot
City Jaito
District Faridkot
State Punjab
Pincode 151202
Country IN
Address Nr bus stand,hospital,rd,dist bhatinda,punjab ,151202
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.

Search Oriental Bank Of Commerce MICR Codes in faridkot

You can search through MICR Codes of Punjab branches in jaito of District faridkot in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Oriental Bank Of Commerce are available with micr code -

>>Jaito

How to find MICR codes for Oriental Bank Of Commerce in jaito?

Oriental Bank Of Commerce jaito MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Oriental Bank MICR codes list for jaito, one can further search by branch name specified in the table. You can find MICR codes for all Oriental Bank Of Commerce jaito branches.

Oriental Bank MICR code in jaito

Oriental Bank Of Commerce MICR code is a character recognition technology used by banks in the processing of cheques. Oriental Bank MICR code for jaito branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for OBC Bank branches in jaito, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does OBC Bank MICR code for jaito branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Oriental Bank Of Commerce jaito branch, sprinted 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. Thus MICR code for Oriental Bank jaito branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of OBC Bank MICR codes for jaito branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!