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Oriental Bank Of Commerce Nangli Amritsar Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Nangli Amritsar Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nangli Distt Amritsar
Contact 0183-2501645
Bank Details Oriental Bank Of Commerce Nangli Distt Amritsar ORBC0101762
Location Nangli, Amritsar
City Nangli
District Amritsar
State Punjab
Pincode 143006
Country IN
Address Fatehgarh churian road,nangli,distt: amritsar-143006
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 143022033 for Nangli Distt Amritsar 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 143022033 of Oriental Bank, Nangli Distt Amritsar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Nangli Distt Amritsar 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 -

>>Nangli Distt Amritsar

MICR code for Oriental Bank Of Commerce Nangli Distt Amritsar

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 Nangli Distt Amritsar 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. 143022033 is the MICR code of OBC Bank for Nangli Distt Amritsar branch. MICR code for Nangli Distt Amritsar 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 Nangli Distt Amritsar is presented in the table alongside.

Use of Oriental Bank MICR code for Nangli Distt Amritsar branch in nangli

The MICR code 143022033 is used in RBI cheque clearing process to identify the branch Nangli Distt Amritsar 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.