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Oriental Bank Of Commerce Navimumbai Navimumbai Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Navimumbai Navimumbai Maharashtra

Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navi Mumbai Kharghar
Contact 022-27742616
Bank Details Oriental Bank Of Commerce Navi Mumbai Kharghar ORBC0101614
Location Navimumbai, Navimumbai
City Navimumbai
District Navimumbai
State Maharashtra
Country IN
Address Shop no 62 & 63, patel heritage, sec-7, kharghar
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 navimumbai

You can search through MICR Codes of Maharashtra branches in navimumbai of District navimumbai in Maharashtra 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 -

>>Navi Mumbai Kharghar

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

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

Oriental Bank MICR code in navimumbai

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