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The Odisha State Cooperative Bank Ltd Rourkela Sundergarh Orissa MICR CODE

Find MICR Codes for The Odisha State Cooperative Bank Ltd Rourkela Sundergarh Orissa

MICR Code
Bank The Odisha State Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rourkela
Contact
Bank Details The Odisha State Cooperative Bank Ltd Rourkela ORCB0001014
Location Rourkela, Sundergarh
City Rourkela
District Sundergarh
State Orissa
Pincode 769001
Country IN
Address Daily market,udit nagar,rourkela-769001
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.

Search The Odisha State Cooperative Bank Ltd MICR Codes in sundergarh

You can search through MICR Codes of Orissa branches in rourkela of District sundergarh in Orissa State by using the search box or you can browse through the table using the conrols at the bottom.

The Odisha State Cooperative Bank Ltd branches with micr codes are available in 2 cities-

>>Rourkela >>Sundargarh

How to find MICR codes for The Odisha State Cooperative Bank Ltd in rourkela?

The Odisha State Cooperative Bank Ltd rourkela MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From OSCB MICR codes list for rourkela, one can further search by branch name specified in the table. You can find MICR codes for all The Odisha State Cooperative Bank Ltd rourkela branches.

OSCB MICR code in rourkela

The Odisha State Cooperative Bank Ltd MICR code is a character recognition technology used by banks in the processing of cheques. OSCB MICR code for rourkela branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for The Odisha State Cooperative Bank Ltd branches in rourkela, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does The Odisha State Cooperative Bank Ltd MICR code for rourkela branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a The Odisha State Cooperative Bank Ltd rourkela branch, sprinted 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. Thus MICR code for OSCB rourkela branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of The Odisha State Cooperative Bank Ltd MICR codes for rourkela branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!