Oriental Bank Of Commerce Pune Pune Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Pune Pune Maharashtra

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MICR Code	411022008
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	Bibwewadi Pune
Contact	020-24274651
Bank Details	Oriental Bank Of Commerce Bibwewadi Pune ORBC0100986

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411037
Country	IN
Address	Sarita chambers,bibwewadi-kondwa rd,maharashtra ,411037

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 411022008 for Bibwewadi Pune 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 411022008 of Oriental Bank, Bibwewadi Pune branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Bibwewadi Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 20 branches of Oriental Bank Of Commerce are available with micr code -

>>Aundh Pune >>Baner >>Bhavdan >>Bibwewadi Pune >>Chakan >>Deccan Gymkhana Pune >>Fc Road Pune >>Hinjwadi Pune >>Kalyani Nagar Pune >>Kharadi Pune >>Kondhwa Khurd >>M.G.Road Pune >>Pashan >>Pimple Saudagar Pune >>Pune Akurdi >>Pune Main >>Shirur Distt Pune >>Viman Nagar >>Wagholi >>Wanwadi Pune

MICR code for Oriental Bank Of Commerce Bibwewadi Pune

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 Bibwewadi Pune 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. 411022008 is the MICR code of OBC Bank for Bibwewadi Pune branch. MICR code for Bibwewadi Pune 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 Bibwewadi Pune is presented in the table alongside.

Use of Oriental Bank MICR code for Bibwewadi Pune branch in pune

The MICR code 411022008 is used in RBI cheque clearing process to identify the branch Bibwewadi Pune 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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