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Oriental Bank Of Commerce Kolathur Chennai Tamil Nadu MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Kolathur Chennai Tamil Nadu

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolathur Chennai
Contact 044-28498899
Bank Details Oriental Bank Of Commerce Kolathur Chennai ORBC0101781
Location Kolathur, Chennai
City Kolathur
District Chennai
State Tamil Nadu
Pincode 600099
Country IN
Address Plot no.1 senthil nagar first main road,  kolathur,chennai – 600099
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 Kolathur Chennai 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, Kolathur Chennai branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Kolathur Chennai 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 -

>>Kolathur Chennai

MICR code for Oriental Bank Of Commerce Kolathur Chennai

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 Kolathur Chennai 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 Kolathur Chennai branch. MICR code for Kolathur Chennai 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 Kolathur Chennai is presented in the table alongside.

Use of Oriental Bank MICR code for Kolathur Chennai branch in kolathur

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