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Oriental Bank Of Commerce Nawada Nawada Bihar MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Nawada Nawada Bihar

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nawada
Contact 06324-210405
Bank Details Oriental Bank Of Commerce Nawada ORBC0101451
Location Nawada, Nawada
City Nawada
District Nawada
State Bihar
Pincode 805110
Country IN
Address Near chitragupt mandir, nardiganj road, garhar
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 nawada

You can search through MICR Codes of Bihar branches in nawada of District nawada in Bihar 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 -

>>Nawada

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

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

Oriental Bank MICR code in nawada

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