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Oriental Bank Of Commerce Medak Medak Andhra Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Medak Medak Andhra Pradesh

Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Siddipet Disttmedak
Contact 0857-224900
Bank Details Oriental Bank Of Commerce Siddipet Disttmedak ORBC0101814
Location Medak, Medak
City Medak
District Medak
State Andhra Pradesh
Pincode 502103
Country IN
Address Door no.11-3-95 & 95/1, bharathnagar, siddipet, siddipet distt:medak, 502103
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 medak

You can search through MICR Codes of Andhra Pradesh branches in medak of District medak in Andhra Pradesh 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 -

>>Siddipet Disttmedak

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

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

Oriental Bank MICR code in medak

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