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Oriental Bank Of Commerce Firozpur Ferozepur Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Firozpur Ferozepur Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch M.L.M Sr.Sec.School Ferozepur C
Contact 01632-247343
Bank Details Oriental Bank Of Commerce M.L.M Sr.Sec.School Ferozepur C ORBC0101036
Location Firozpur, Ferozepur
City Firozpur
District Ferozepur
State Punjab
Pincode 152001
Country IN
Address Mlm sr.sec school,railway rd, ferozepur,punjab ,152001
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 152022005 for M.L.M Sr.Sec.School Ferozepur C 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 152022005 of Oriental Bank, M.L.M Sr.Sec.School Ferozepur C branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for M.L.M Sr.Sec.School Ferozepur C branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Oriental Bank Of Commerce are available with micr code -

>>Bagdadi Gate Ferozepur City >>Ferozepur Cantt >>Guruharsahai Firozepur >>M.L.M Sr.Sec.School Ferozepur C >>Mochi Bazar Ferozepur

MICR code for Oriental Bank Of Commerce M.L.M Sr.Sec.School Ferozepur C

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 M.L.M Sr.Sec.School Ferozepur C 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. 152022005 is the MICR code of OBC Bank for M.L.M Sr.Sec.School Ferozepur C branch. MICR code for M.L.M Sr.Sec.School Ferozepur C 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 M.L.M Sr.Sec.School Ferozepur C is presented in the table alongside.

Use of Oriental Bank MICR code for M.L.M Sr.Sec.School Ferozepur C branch in firozpur

The MICR code 152022005 is used in RBI cheque clearing process to identify the branch M.L.M Sr.Sec.School Ferozepur C 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.