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Oriental Bank Of Commerce Ratangarh Churu Rajasthan MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Ratangarh Churu Rajasthan

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratangarh Distt Churu
Contact 9413314384
Bank Details Oriental Bank Of Commerce Ratangarh Distt Churu ORBC0101925
Location Ratangarh, Churu
City Ratangarh
District Churu
State Rajasthan
Pincode 331022
Country IN
Address Near ashok satambh,opp police station,station road,ratangarh distt-churu
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 331022103 for Ratangarh Distt Churu 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 331022103 of Oriental Bank, Ratangarh Distt Churu branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Ratangarh Distt Churu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Oriental Bank Of Commerce are available with micr code -

>>Ratangarh Distt Churu

MICR code for Oriental Bank Of Commerce Ratangarh Distt Churu

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 Ratangarh Distt Churu 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. 331022103 is the MICR code of OBC Bank for Ratangarh Distt Churu branch. MICR code for Ratangarh Distt Churu 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 Ratangarh Distt Churu is presented in the table alongside.

Use of Oriental Bank MICR code for Ratangarh Distt Churu branch in ratangarh

The MICR code 331022103 is used in RBI cheque clearing process to identify the branch Ratangarh Distt Churu 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.