Oriental Bank Of Commerce Bakapur Guru Hosiarpur Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Bakapur Guru Hosiarpur Punjab

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bakapur Guru
Contact
Bank Details Oriental Bank Of Commerce Bakapur Guru ORBC0100252
Location Bakapur Guru, Hosiarpur
City Bakapur Guru
District Hosiarpur
State Punjab
Pincode 144527
Country IN
Address Vill. Bakapur guru,p.o.basiala,punjab
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 0 for Bakapur Guru 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 0 of Oriental Bank, Bakapur Guru branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Bakapur Guru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Oriental Bank Of Commerce are available with micr code -

>>Bakapur Guru

MICR code for Oriental Bank Of Commerce Bakapur Guru

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 Bakapur Guru 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. 0 is the MICR code of OBC Bank for Bakapur Guru branch. MICR code for Bakapur Guru 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 Bakapur Guru is presented in the table alongside.

Use of Oriental Bank MICR code for Bakapur Guru branch in bakapur guru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bakapur Guru 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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