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Oriental Bank Of Commerce New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Oriental Bank Of Commerce New Delhi New Delhi New Delhi

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mohan Co Operative Industrial E
Contact 011-29941589
Bank Details Oriental Bank Of Commerce Mohan Co Operative Industrial E ORBC0101137
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110044
Country IN
Address A-14, b-1 block , mcie,mathura road,new delhi,110044
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 110022131 for Mohan Co Operative Industrial E 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 110022131 of Oriental Bank, Mohan Co Operative Industrial E branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Mohan Co Operative Industrial E branch, makes the characters readable even if there are other marks and stamps on it.

A total of 72 branches of Oriental Bank Of Commerce are available with micr code -

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MICR code for Oriental Bank Of Commerce Mohan Co Operative Industrial E

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 Mohan Co Operative Industrial E 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. 110022131 is the MICR code of OBC Bank for Mohan Co Operative Industrial E branch. MICR code for Mohan Co Operative Industrial E 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 Mohan Co Operative Industrial E is presented in the table alongside.

Use of Oriental Bank MICR code for Mohan Co Operative Industrial E branch in new delhi

The MICR code 110022131 is used in RBI cheque clearing process to identify the branch Mohan Co Operative Industrial E 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.