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Oriental Bank Of Commerce Koderma Koderma Jharkhand MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Koderma Koderma Jharkhand

Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jhumri Tilaiya Distt. Koderma
Contact 06534-227468
Bank Details Oriental Bank Of Commerce Jhumri Tilaiya Distt. Koderma ORBC0101880
Location Koderma, Koderma
City Koderma
District Koderma
State Jharkhand
Pincode 825409
Country IN
Address Behind govt. Bus stand, ranchi-patna road, distt. Koderma
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.

Search Oriental Bank Of Commerce MICR Codes in koderma

You can search through MICR Codes of Jharkhand branches in koderma of District koderma in Jharkhand State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Jhumri Tilaiya Distt. Koderma

How to find MICR codes for Oriental Bank Of Commerce in koderma?

Oriental Bank Of Commerce koderma MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Oriental Bank MICR codes list for koderma, one can further search by branch name specified in the table. You can find MICR codes for all Oriental Bank Of Commerce koderma branches.

Oriental Bank MICR code in koderma

Oriental Bank Of Commerce MICR code is a character recognition technology used by banks in the processing of cheques. Oriental Bank MICR code for koderma branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for OBC Bank branches in koderma, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does OBC Bank MICR code for koderma branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Oriental Bank Of Commerce koderma branch, sprinted 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. Thus MICR code for Oriental Bank koderma branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of OBC Bank MICR codes for koderma branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!