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Oriental Bank Of Commerce Na Rairangpur Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Na Rairangpur Orissa

Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rairangpur Dist Mayurbhanj
Bank Details Oriental Bank Of Commerce Rairangpur Dist Mayurbhanj ORBC0101592
Location Na, Rairangpur
City Na
District Rairangpur
State Orissa
Pincode 757043
Country IN
Address Kojodimal house, golai chak, rairangpur, distt.:mayurbhanj, orissa - 757043
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 rairangpur

You can search through MICR Codes of Orissa branches in na of District rairangpur in Orissa 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 -

>>Rairangpur Dist Mayurbhanj

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

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

Oriental Bank MICR code in na

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