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Oriental Bank Of Commerce Sri Ganganagar Ganganagar Rajasthan MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Sri Ganganagar Ganganagar Rajasthan

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raghunathpura
Contact 01509-280030
Bank Details Oriental Bank Of Commerce Raghunathpura ORBC0100516
Location Sri Ganganagar, Ganganagar
City Sri Ganganagar
District Ganganagar
State Rajasthan
Pincode 335001
Country IN
Address Raghunathpura,via:- sri vijaynagar,rajasthan
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 Raghunathpura 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, Raghunathpura branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Raghunathpura branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Raghunathpura

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 Raghunathpura 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 Raghunathpura branch. MICR code for Raghunathpura 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 Raghunathpura is presented in the table alongside.

Use of Oriental Bank MICR code for Raghunathpura branch in sri ganganagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Raghunathpura 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.