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Oriental Bank Of Commerce Jhalawar Jhalawar Rajasthan MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Jhalawar Jhalawar Rajasthan

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jhalrapatan
Contact 07432-240984
Bank Details Oriental Bank Of Commerce Jhalrapatan ORBC0100956
Location Jhalawar, Jhalawar
City Jhalawar
District Jhalawar
State Rajasthan
Pincode 326023
Country IN
Address Choparia bazar,jhalrapatan city,rajasthan ,326023
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 0 for Jhalrapatan 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 0 of Oriental Bank, Jhalrapatan branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Jhalrapatan branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Jhalrapatan

MICR code for Oriental Bank Of Commerce Jhalrapatan

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 Jhalrapatan 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. 0 is the MICR code of OBC Bank for Jhalrapatan branch. MICR code for Jhalrapatan 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 Jhalrapatan is presented in the table alongside.

Use of Oriental Bank MICR code for Jhalrapatan branch in jhalawar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jhalrapatan 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.