Oriental Bank Of Commerce Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Bhopal Bhopal Madhya Pradesh

↻ Reload
MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arera Colony Bhopal
Contact 0755-2466177
Bank Details Oriental Bank Of Commerce Arera Colony Bhopal ORBC0100932
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462016
Country IN
Address E-7/5 chitragupt soc.,arera colony,madhya pradesh,462016
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 462022006 for Arera Colony Bhopal 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 462022006 of Oriental Bank, Arera Colony Bhopal branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Arera Colony Bhopal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Arera Colony Bhopal

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 Arera Colony Bhopal 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. 462022006 is the MICR code of OBC Bank for Arera Colony Bhopal branch. MICR code for Arera Colony Bhopal 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 Arera Colony Bhopal is presented in the table alongside.

Use of Oriental Bank MICR code for Arera Colony Bhopal branch in bhopal

The MICR code 462022006 is used in RBI cheque clearing process to identify the branch Arera Colony Bhopal 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.

Copied!