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Oriental Bank Of Commerce Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Kolkata Kolkata West Bengal

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kankurgachi
Contact 033-23649259
Bank Details Oriental Bank Of Commerce Kankurgachi ORBC0100905
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700056
Country IN
Address 190a, manictola main,road,west bengal,700056
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 700022024 for Kankurgachi 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 700022024 of Oriental Bank, Kankurgachi branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Kankurgachi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Kankurgachi

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 Kankurgachi 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. 700022024 is the MICR code of OBC Bank for Kankurgachi branch. MICR code for Kankurgachi 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 Kankurgachi is presented in the table alongside.

Use of Oriental Bank MICR code for Kankurgachi branch in kolkata

The MICR code 700022024 is used in RBI cheque clearing process to identify the branch Kankurgachi 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.