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Oriental Bank Of Commerce Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Mysore Mysore Karnataka

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jayalaksmipram Mysore
Contact 0821-2500986,2500987
Bank Details Oriental Bank Of Commerce Jayalaksmipram Mysore ORBC0105265
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570012
Country IN
Address Gokulam main road, jayalakshmipuram, karnataka , 570012
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 570022004 for Jayalaksmipram Mysore 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 570022004 of Oriental Bank, Jayalaksmipram Mysore branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Jayalaksmipram Mysore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Oriental Bank Of Commerce are available with micr code -

>>Devraj Urs Road Mysore >>Jayalaksmipram Mysore >>Mysore

MICR code for Oriental Bank Of Commerce Jayalaksmipram Mysore

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 Jayalaksmipram Mysore 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. 570022004 is the MICR code of OBC Bank for Jayalaksmipram Mysore branch. MICR code for Jayalaksmipram Mysore 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 Jayalaksmipram Mysore is presented in the table alongside.

Use of Oriental Bank MICR code for Jayalaksmipram Mysore branch in mysore

The MICR code 570022004 is used in RBI cheque clearing process to identify the branch Jayalaksmipram Mysore 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.