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Oriental Bank Of Commerce Mhow(Distt. Indore) Indore Madhya Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Mhow(Distt. Indore) Indore Madhya Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mhow Mp
Contact 07324-275917
Bank Details Oriental Bank Of Commerce Mhow Mp ORBC0100199
Location Mhow(Distt. Indore), Indore
City Mhow(Distt. Indore)
District Indore
State Madhya Pradesh
Pincode 453441
Country IN
Address 393, a.b.road,mhow,madhya pradesh,453441
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 indore

You can search through MICR Codes of Madhya Pradesh branches in mhow(distt. indore) of District indore in Madhya 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 -

>>Mhow Mp

How to find MICR codes for Oriental Bank Of Commerce in mhow(distt. indore)?

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

Oriental Bank MICR code in mhow(distt. indore)

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