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Oriental Bank Of Commerce Nabinagar Bulandshehar Uttar Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Nabinagar Bulandshehar Uttar Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nabi Nagar
Contact 05732-295960
Bank Details Oriental Bank Of Commerce Nabi Nagar ORBC0100471
Location Nabinagar, Bulandshehar
City Nabinagar
District Bulandshehar
State Uttar Pradesh
Pincode 202394
Country IN
Address Vill & post nabinagar,block jahangirabad,uttar pradesh,202394
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 0 for Nabi Nagar 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 0 of Oriental Bank, Nabi Nagar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Nabi Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Oriental Bank Of Commerce are available with micr code -

>>Nabi Nagar

MICR code for Oriental Bank Of Commerce Nabi Nagar

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 Nabi Nagar 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. 0 is the MICR code of OBC Bank for Nabi Nagar branch. MICR code for Nabi Nagar 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 Nabi Nagar is presented in the table alongside.

Use of Oriental Bank MICR code for Nabi Nagar branch in nabinagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nabi Nagar 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.