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Oriental Bank Of Commerce Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Amritsar Amritsar Punjab

Bank
State
District
City
Branch
Address

MICR Code	143022018
Bank	Oriental Bank Of Commerce
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Majitha Road
Contact	0183-2573001
Bank Details	Oriental Bank Of Commerce Majitha Road ORBC0101183

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	Sharda house,6, diamond avenue,punjab ,

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 143022018 for Majitha 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 143022018 of Oriental Bank, Majitha Road branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Majitha Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Oriental Bank Of Commerce are available with micr code -

>>Amritsar Bbk Dav College Women >>Amritsar Guru Harkishan Publ >>Basant Avenue Amritsar >>Civil Lines Amritsar >>Dharar >>Ec Amritsar College Of Engg And T >>Hall Bazar Amritsar >>Hamidpur Amritsar >>Jail Road Amritsar >>Katra Ahluwalia Amritsar >>Khasa >>Mahal Dist Amritsar >>Majith Mandi Amritsar >>Majitha Road >>Maqbool Pura Amritsar >>Mehta Chowk >>Overseas Amritsar >>Putlighar Amritsar >>Ranjit Avenue Amritsar >>Sharifpura Amritsar >>Ssi Batala Road Amritsar

MICR code for Oriental Bank Of Commerce Majitha 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 Majitha 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. 143022018 is the MICR code of OBC Bank for Majitha Road branch. MICR code for Majitha 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 Majitha Road is presented in the table alongside.

Use of Oriental Bank MICR code for Majitha Road branch in amritsar

The MICR code 143022018 is used in RBI cheque clearing process to identify the branch Majitha 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.