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Oriental Bank Of Commerce Ghaziabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Ghaziabad Ghaziabad Uttar Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mewar Institute Of Managemen
Contact
Bank Details Oriental Bank Of Commerce Mewar Institute Of Managemen ORBC0105233
Location Ghaziabad, Ghaziabad
City Ghaziabad
District Ghaziabad
State Uttar Pradesh
Pincode 201010
Country IN
Address Sector 4c, vashundhra,uttar pradesh,201010
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 110022142 for Mewar Institute Of Managemen 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 110022142 of Oriental Bank, Mewar Institute Of Managemen branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Mewar Institute Of Managemen branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Mewar Institute Of Managemen

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 Mewar Institute Of Managemen 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. 110022142 is the MICR code of OBC Bank for Mewar Institute Of Managemen branch. MICR code for Mewar Institute Of Managemen 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 Mewar Institute Of Managemen is presented in the table alongside.

Use of Oriental Bank MICR code for Mewar Institute Of Managemen branch in ghaziabad

The MICR code 110022142 is used in RBI cheque clearing process to identify the branch Mewar Institute Of Managemen 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.