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Oriental Bank Of Commerce Nagina Distt Mewat Nuh Gurgaon Haryana MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Nagina Distt Mewat Nuh Gurgaon Haryana

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagina
Contact 01268-273221
Bank Details Oriental Bank Of Commerce Nagina ORBC0100053
Location Nagina Distt Mewat Nuh, Gurgaon
City Nagina Distt Mewat Nuh
District Gurgaon
State Haryana
Pincode 122001
Country IN
Address Badkali chowk,haryana
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 Nagina 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, Nagina branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Nagina 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 -

>>Nagina

MICR code for Oriental Bank Of Commerce Nagina

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 Nagina 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 Nagina branch. MICR code for Nagina 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 Nagina is presented in the table alongside.

Use of Oriental Bank MICR code for Nagina branch in nagina distt mewat nuh

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