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Oriental Bank Of Commerce Navi Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Navi Mumbai Thane Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400022053
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	Vashi Sector 12 Navi Mumbai
Contact	022-27651540
Bank Details	Oriental Bank Of Commerce Vashi Sector 12 Navi Mumbai ORBC0101120

Location	Navi Mumbai, Thane
City	Navi Mumbai
District	Thane
State	Maharashtra
Pincode	400703
Country	IN
Address	110 shabi complex,sec-12 vashi,maharashtra ,400703

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 400022053 for Vashi Sector 12 Navi Mumbai 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 400022053 of Oriental Bank, Vashi Sector 12 Navi Mumbai branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Vashi Sector 12 Navi Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Oriental Bank Of Commerce are available with micr code -

>>Belapur >>Nerul >>Vashi Navi Mumbai >>Vashi Sector 12 Navi Mumbai

MICR code for Oriental Bank Of Commerce Vashi Sector 12 Navi Mumbai

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 Vashi Sector 12 Navi Mumbai 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. 400022053 is the MICR code of OBC Bank for Vashi Sector 12 Navi Mumbai branch. MICR code for Vashi Sector 12 Navi Mumbai 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 Vashi Sector 12 Navi Mumbai is presented in the table alongside.

Use of Oriental Bank MICR code for Vashi Sector 12 Navi Mumbai branch in navi mumbai

The MICR code 400022053 is used in RBI cheque clearing process to identify the branch Vashi Sector 12 Navi Mumbai 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.