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Oriental Bank Of Commerce Jajpur Jajpur Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Jajpur Jajpur Orissa

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Main Road Jajpur Road
Contact
Bank Details Oriental Bank Of Commerce Main Road Jajpur Road ORBC0101325
Location Jajpur, Jajpur
City Jajpur
District Jajpur
State Orissa
Pincode 224422
Country IN
Address 06726-224422
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 Main Road Jajpur Road 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, Main Road Jajpur Road branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Main Road Jajpur Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Oriental Bank Of Commerce are available with micr code -

>>Main Road Jajpur Road >>Rachhipur Dist Jajpur

MICR code for Oriental Bank Of Commerce Main Road Jajpur Road

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 Main Road Jajpur Road 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 Main Road Jajpur Road branch. MICR code for Main Road Jajpur Road 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 Main Road Jajpur Road is presented in the table alongside.

Use of Oriental Bank MICR code for Main Road Jajpur Road branch in jajpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Main Road Jajpur Road 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.