Oriental Bank Of Commerce Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Nagpur Nagpur Maharashtra

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MICR Code	440022008
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	Bajaj Nagar Nagpur
Contact	0712-2245551
Bank Details	Oriental Bank Of Commerce Bajaj Nagar Nagpur ORBC0101674

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440010
Country	IN
Address	Nand bhawan,48,central bazar road,bajaj nagar, nagpur

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 440022008 for Bajaj Nagar Nagpur 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 440022008 of Oriental Bank, Bajaj Nagar Nagpur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Bajaj Nagar Nagpur 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 -

>>Bajaj Nagar Nagpur >>Ec Nagpur Sindhu High School Ja >>Gandhi Bagh Nagpur >>Jaripatka Nagpur

MICR code for Oriental Bank Of Commerce Bajaj Nagar Nagpur

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 Bajaj Nagar Nagpur 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. 440022008 is the MICR code of OBC Bank for Bajaj Nagar Nagpur branch. MICR code for Bajaj Nagar Nagpur 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 Bajaj Nagar Nagpur is presented in the table alongside.

Use of Oriental Bank MICR code for Bajaj Nagar Nagpur branch in nagpur

The MICR code 440022008 is used in RBI cheque clearing process to identify the branch Bajaj Nagar Nagpur 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.

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