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Oriental Bank Of Commerce Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Chandigarh Chandigarh Chandigarh

Bank
State
District
City
Branch
Address

MICR Code	160022018
Bank	Oriental Bank Of Commerce
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sector 8C Chandigarh
Contact	0172-2541099
Bank Details	Oriental Bank Of Commerce Sector 8C Chandigarh ORBC0101115

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode
Country	IN
Address	Sco-47-48 sector-8c,madhya marg, chandigar,chandigarh (u.t.),

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 160022018 for Sector 8C Chandigarh 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 160022018 of Oriental Bank, Sector 8C Chandigarh branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Sector 8C Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Oriental Bank Of Commerce are available with micr code -

>>Chandigarh Indust Area Phase Ii >>Hotelshivalik Sec17e Chandigarh >>Manimajra Chandigarh >>Sco 264 Sec 44 C Chandigarh >>Sector 17 B Chandigarh >>Sector 19D Chandigarh >>Sector 26 Chandigarh >>Sector 34A Chandigarh >>Sector 37 D Chandigarh >>Sector 47 Chandigarh >>Sector 8C Chandigarh >>Sector M. C. Chandigarh >>Shivalik Pub. Schl. Sec 41 B >>Tender Heart School Sec 33 B

MICR code for Oriental Bank Of Commerce Sector 8C Chandigarh

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 Sector 8C Chandigarh 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. 160022018 is the MICR code of OBC Bank for Sector 8C Chandigarh branch. MICR code for Sector 8C Chandigarh 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 Sector 8C Chandigarh is presented in the table alongside.

Use of Oriental Bank MICR code for Sector 8C Chandigarh branch in chandigarh

The MICR code 160022018 is used in RBI cheque clearing process to identify the branch Sector 8C Chandigarh 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.