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Oriental Bank Of Commerce Jiapota Haridwar Uttrakhand MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Jiapota Haridwar Uttrakhand

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jiapota
Contact 01334-247286
Bank Details Oriental Bank Of Commerce Jiapota ORBC0100364
Location Jiapota, Haridwar
City Jiapota
District Haridwar
State Uttrakhand
Pincode 249408
Country IN
Address P.o.mishrpur (kankhal),hardwar-laksar road,uttarkhand,249408
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 Jiapota 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, Jiapota branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Jiapota 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 -

>>Jiapota

MICR code for Oriental Bank Of Commerce Jiapota

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 Jiapota 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 Jiapota branch. MICR code for Jiapota 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 Jiapota is presented in the table alongside.

Use of Oriental Bank MICR code for Jiapota branch in jiapota

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