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Oriental Bank Of Commerce Meerut Meerut Uttar Pradesh MICR CODE

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

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prahlad Nagar
Contact
Bank Details Oriental Bank Of Commerce Prahlad Nagar ORBC0100414
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode 250002
Country IN
Address 40, main bazar,prahlad nagar,uttar pradesh,250002
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 250022006 for Prahlad 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 250022006 of Oriental Bank, Prahlad Nagar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Prahlad Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Prahlad 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 Prahlad 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. 250022006 is the MICR code of OBC Bank for Prahlad Nagar branch. MICR code for Prahlad 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 Prahlad Nagar is presented in the table alongside.

Use of Oriental Bank MICR code for Prahlad Nagar branch in meerut

The MICR code 250022006 is used in RBI cheque clearing process to identify the branch Prahlad 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.