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Oriental Bank Of Commerce Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Kolkata Kolkata West Bengal

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Alipore Kolkata
Contact 24007742
Bank Details Oriental Bank Of Commerce New Alipore Kolkata ORBC0100173
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700053
Country IN
Address 93, tollygunge, circular, road, new alipore, west bengal, 700053
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 700022008 for New Alipore Kolkata 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 700022008 of Oriental Bank, New Alipore Kolkata branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for New Alipore Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce New Alipore Kolkata

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 New Alipore Kolkata 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. 700022008 is the MICR code of OBC Bank for New Alipore Kolkata branch. MICR code for New Alipore Kolkata 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 New Alipore Kolkata is presented in the table alongside.

Use of Oriental Bank MICR code for New Alipore Kolkata branch in kolkata

The MICR code 700022008 is used in RBI cheque clearing process to identify the branch New Alipore Kolkata 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.