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Oriental Bank Of Commerce Kuju Hazaribag Jharkhand MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Kuju Hazaribag Jharkhand

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kuju Distramgarh
Contact 06545-282640
Bank Details Oriental Bank Of Commerce Kuju Distramgarh ORBC0101422
Location Kuju, Hazaribag
City Kuju
District Hazaribag
State Jharkhand
Pincode
Country IN
Address C/o smt shanti gupta, main road, nh-33, kuju, dist:ramgarh
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 Kuju Distramgarh 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, Kuju Distramgarh branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Kuju Distramgarh 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 -

>>Kuju Distramgarh

MICR code for Oriental Bank Of Commerce Kuju Distramgarh

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 Kuju Distramgarh 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 Kuju Distramgarh branch. MICR code for Kuju Distramgarh 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 Kuju Distramgarh is presented in the table alongside.

Use of Oriental Bank MICR code for Kuju Distramgarh branch in kuju

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