MICR Code Bank
Find MICR code for The Odisha State Cooperative Bank Ltd branches in India for NEFT and RTGS transfer

The Odisha State Cooperative Bank Ltd MICR CODE

Find MICR Codes for The Odisha State Cooperative Bank Ltd

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  1. The Odisha State Cooperative Bank Ltd »
  2. Orissa »
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Find MICR Codes for The Odisha State Cooperative Bank Ltd

MICR Code: -NA-
Bank: The Odisha State Cooperative Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Cuttack
Contact:
Bank Details: The Odisha State Cooperative Bank Ltd Cuttack ORCB0001003
Location: Cuttack, Cuttack
City: Cuttack
District: Cuttack
State: Orissa
Pincode: 753001
Country: IN
Address: Old jail road,cuttack-753001

How does MICR code for 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 of OSCB, branch makes the system almost error free and faster. Use of OSCB MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of The Odisha State Cooperative Bank Ltd are available with micr code

>>Cuttack >>Link Road

MICR code for The Odisha State Cooperative Bank Ltd

The Odisha State Cooperative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. OSCB MICR code for 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. is the MICR code of The Odisha State Cooperative Bank Ltd for branch. MICR code for 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 OSCB is presented in the table alongside.

Use of OSCB MICR code for branch in cuttack

The MICR code is used in RBI cheque clearing process to identify the branch and OSCB 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 The Odisha State Cooperative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.