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Oriental Bank Of Commerce Nayagarh Nayagarh Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Nayagarh Nayagarh Orissa

Bank
State
District
City
Branch
Address

MICR Code	752022102
Bank	Oriental Bank Of Commerce
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nayagarh
Contact	06753-252340
Bank Details	Oriental Bank Of Commerce Nayagarh ORBC0101760

Location	Nayagarh, Nayagarh
City	Nayagarh
District	Nayagarh
State	Orissa
Pincode	752069
Country	IN
Address	Plot no:1546, colege raod nayagarh, dist:nayagarh, odisha-752069

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 752022102 for Nayagarh 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 752022102 of Oriental Bank, Nayagarh branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Nayagarh 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 -

>>Nayagarh

MICR code for Oriental Bank Of Commerce Nayagarh

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 Nayagarh 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. 752022102 is the MICR code of OBC Bank for Nayagarh branch. MICR code for Nayagarh 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 Nayagarh is presented in the table alongside.

Use of Oriental Bank MICR code for Nayagarh branch in nayagarh

The MICR code 752022102 is used in RBI cheque clearing process to identify the branch Nayagarh 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.