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Oriental Bank Of Commerce Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Varanasi Varanasi Uttar Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nichi Bagh Varanasi
Contact
Bank Details Oriental Bank Of Commerce Nichi Bagh Varanasi ORBC0100225
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221100
Country IN
Address Ck-59/13,nichi bagh,uttar pradesh,221100
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 221022002 for Nichi Bagh Varanasi 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 221022002 of Oriental Bank, Nichi Bagh Varanasi branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Nichi Bagh Varanasi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Nichi Bagh Varanasi

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 Nichi Bagh Varanasi 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. 221022002 is the MICR code of OBC Bank for Nichi Bagh Varanasi branch. MICR code for Nichi Bagh Varanasi 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 Nichi Bagh Varanasi is presented in the table alongside.

Use of Oriental Bank MICR code for Nichi Bagh Varanasi branch in varanasi

The MICR code 221022002 is used in RBI cheque clearing process to identify the branch Nichi Bagh Varanasi 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.