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Oriental Bank Of Commerce Muzaffar Nagar Muzaffar Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Muzaffar Nagar Muzaffar Nagar Uttar Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Mandi Muzaffar Nagar
Contact
Bank Details Oriental Bank Of Commerce New Mandi Muzaffar Nagar ORBC0100048
Location Muzaffar Nagar, Muzaffar Nagar
City Muzaffar Nagar
District Muzaffar Nagar
State Uttar Pradesh
Pincode 251001
Country IN
Address 13-b new mandi,muzaffar nagar,uttar pradesh,251001
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 0 for New Mandi Muzaffar Nagar 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 0 of Oriental Bank, New Mandi Muzaffar Nagar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for New Mandi Muzaffar Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Oriental Bank Of Commerce are available with micr code -

>>Civil Lines Muzaffarnagar >>Jansath >>Khatauli >>New Mandi Muzaffar Nagar

MICR code for Oriental Bank Of Commerce New Mandi Muzaffar Nagar

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 Mandi Muzaffar Nagar 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. 0 is the MICR code of OBC Bank for New Mandi Muzaffar Nagar branch. MICR code for New Mandi Muzaffar Nagar 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 Mandi Muzaffar Nagar is presented in the table alongside.

Use of Oriental Bank MICR code for New Mandi Muzaffar Nagar branch in muzaffar nagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Mandi Muzaffar Nagar 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.