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Oriental Bank Of Commerce Saila Khurd Hoshiarpur Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Saila Khurd Hoshiarpur Punjab

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saila Khurd Dist Hoshiarpur
Contact 0181-5009751
Bank Details Oriental Bank Of Commerce Saila Khurd Dist Hoshiarpur ORBC0101796
Location Saila Khurd, Hoshiarpur
City Saila Khurd
District Hoshiarpur
State Punjab
Pincode 144529
Country IN
Address Village: saila khurd, distt. Hoshiarpur, punjab-144529
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 Saila Khurd Dist Hoshiarpur 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, Saila Khurd Dist Hoshiarpur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Saila Khurd Dist Hoshiarpur 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 -

>>Saila Khurd Dist Hoshiarpur

MICR code for Oriental Bank Of Commerce Saila Khurd Dist Hoshiarpur

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 Saila Khurd Dist Hoshiarpur 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 Saila Khurd Dist Hoshiarpur branch. MICR code for Saila Khurd Dist Hoshiarpur 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 Saila Khurd Dist Hoshiarpur is presented in the table alongside.

Use of Oriental Bank MICR code for Saila Khurd Dist Hoshiarpur branch in saila khurd

The MICR code 0 is used in RBI cheque clearing process to identify the branch Saila Khurd Dist Hoshiarpur 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.