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Oriental Bank Of Commerce Palani Dindigul Tn Tamil Nadu MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Palani Dindigul Tn Tamil Nadu

Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palani Dist Dindigul
Contact 04545-242414
Bank Details Oriental Bank Of Commerce Palani Dist Dindigul ORBC0101942
Location Palani, Dindigul Tn
City Palani
District Dindigul Tn
State Tamil Nadu
Pincode 624601
Country IN
Address No.17 rajendrastreet,subramanyapuram palani,palani dist-dindigul tn
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 dindigul tn

You can search through MICR Codes of Tamil Nadu branches in palani of District dindigul tn in Tamil Nadu 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 -

>>Palani Dist Dindigul

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

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

Oriental Bank MICR code in palani

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