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Oriental Bank Of Commerce Suryapet Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Suryapet Nalgonda Andhra Pradesh

MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Suryapet Distt Nalgonda
Contact
Bank Details Oriental Bank Of Commerce Suryapet Distt Nalgonda ORBC0101552
Location Suryapet, Nalgonda
City Suryapet
District Nalgonda
State Andhra Pradesh
Pincode 508213
Country IN
Address Racharla complex, besides sri venkat laxmi motors, mg.g road,suryapet
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 Suryapet Distt Nalgonda 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, Suryapet Distt Nalgonda branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Suryapet Distt Nalgonda 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 -

>>Suryapet Distt Nalgonda

MICR code for Oriental Bank Of Commerce Suryapet Distt Nalgonda

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 Suryapet Distt Nalgonda 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 Suryapet Distt Nalgonda branch. MICR code for Suryapet Distt Nalgonda 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 Suryapet Distt Nalgonda is presented in the table alongside.

Use of Oriental Bank MICR code for Suryapet Distt Nalgonda branch in suryapet

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