Let Others Know
×
LinkedIn
Email
WhatsApp

Oman International Bank Mumbai Greater Mumbai Maharashtra MICR CODE

Find MICR Codes for Oman International Bank Mumbai Greater Mumbai Maharashtra

MICR Code
Bank Oman International Bank Saog
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai
Contact 66324848
Bank Details Oman International Bank Saog Mumbai OIBA0000001
Location Mumbai, Greater Mumbai
City Mumbai
District Greater Mumbai
State Maharashtra
Pincode 400021
Country IN
Address 201, raheja centre, free press, journal marg, nariman point, mumbai 400 021
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 Oman International Bank MICR Codes in greater mumbai

You can search through MICR Codes of Maharashtra branches in mumbai of District greater mumbai in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Oman International Bank Saog are available with micr code -

>>Mumbai

How to find MICR codes for Oman International Bank in mumbai?

Oman International Bank mumbai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From HSBC Bank Oman SAOG MICR codes list for mumbai, one can further search by branch name specified in the table. You can find MICR codes for all Oman International Bank mumbai branches.

HSBC Bank Oman SAOG MICR code in mumbai

Oman International Bank MICR code is a character recognition technology used by banks in the processing of cheques. HSBC Bank Oman SAOG MICR code for mumbai 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 Oman International Bank branches in mumbai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Oman International Bank MICR code for mumbai 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 Oman International Bank mumbai 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 HSBC Bank Oman SAOG mumbai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Oman International Bank MICR codes for mumbai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!