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Oriental Bank Of Commerce Sonepur Sonepur Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Sonepur Sonepur Orissa

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sonepur
Contact BIRAMITRA SINGH ROAD, NEAR SBI, PO & DISTT SONEPUR, ODISHA, PIN - 767017
Bank Details Oriental Bank Of Commerce Sonepur ORBC0102206
Location Sonepur, Sonepur
City Sonepur
District Sonepur
State Orissa
Pincode 767017
Country IN
Address 9438669593
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 Sonepur 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, Sonepur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Sonepur 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 -

>>Sonepur

MICR code for Oriental Bank Of Commerce Sonepur

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

Use of Oriental Bank MICR code for Sonepur branch in sonepur

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