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Oriental Bank Of Commerce Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Delhi New Delhi New Delhi

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prashant Vihar Delhi
Contact 011-27557819
Bank Details Oriental Bank Of Commerce Prashant Vihar Delhi ORBC0100849
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110085
Country IN
Address D-13,prashant vihar,sec-14, rohini,new delhi,110085
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 110022076 for Prashant Vihar Delhi 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 110022076 of Oriental Bank, Prashant Vihar Delhi branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Prashant Vihar Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Prashant Vihar Delhi

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 Prashant Vihar Delhi 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. 110022076 is the MICR code of OBC Bank for Prashant Vihar Delhi branch. MICR code for Prashant Vihar Delhi 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 Prashant Vihar Delhi is presented in the table alongside.

Use of Oriental Bank MICR code for Prashant Vihar Delhi branch in delhi

The MICR code 110022076 is used in RBI cheque clearing process to identify the branch Prashant Vihar Delhi 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.