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Oriental Bank Of Commerce Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Jaipur Jaipur Rajasthan

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Johri Bazar Jaipur
Contact 0141-257/6732/5809
Bank Details Oriental Bank Of Commerce Johri Bazar Jaipur ORBC0100103
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302003
Country IN
Address Ram lalla ji ka rasta,johri bazar,rajasthan ,302003
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 302022003 for Johri Bazar Jaipur 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 302022003 of Oriental Bank, Johri Bazar Jaipur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Johri Bazar Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Johri Bazar Jaipur

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 Johri Bazar Jaipur 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. 302022003 is the MICR code of OBC Bank for Johri Bazar Jaipur branch. MICR code for Johri Bazar Jaipur 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 Johri Bazar Jaipur is presented in the table alongside.

Use of Oriental Bank MICR code for Johri Bazar Jaipur branch in jaipur

The MICR code 302022003 is used in RBI cheque clearing process to identify the branch Johri Bazar Jaipur 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.