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Oriental Bank Of Commerce Koraput Koraput Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Koraput Koraput Orissa

Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jeypore Distt Koraput
Contact 0
Bank Details Oriental Bank Of Commerce Jeypore Distt Koraput ORBC0102118
Location Koraput, Koraput
City Koraput
District Koraput
State Orissa
Pincode 764001
Country IN
Address Nh road,in front of bunglow dhepuguda chowk,jeypore ,distt-koraput,odisha-764001.
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 koraput

You can search through MICR Codes of Orissa branches in koraput of District koraput in Orissa 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 -

>>Jeypore Distt Koraput

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

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

Oriental Bank MICR code in koraput

Oriental Bank Of Commerce MICR code is a character recognition technology used by banks in the processing of cheques. Oriental Bank MICR code for koraput 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 koraput, 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 koraput 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 koraput 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 koraput branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of OBC Bank MICR codes for koraput branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!