Oriental Bank Of Commerce Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Delhi Delhi New Delhi

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Burari Delhi
Contact
Bank Details Oriental Bank Of Commerce Burari Delhi ORBC0101729
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110084
Country IN
Address Khasra no.876/2, main road, sant nagar, burari, delhi-110084
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 110022218 for Burari Delhi 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 110022218 of Oriental Bank, Burari Delhi branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Burari Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Burari Delhi

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 Burari Delhi 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. 110022218 is the MICR code of OBC Bank for Burari Delhi branch. MICR code for Burari Delhi 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 Burari Delhi is presented in the table alongside.

Use of Oriental Bank MICR code for Burari Delhi branch in delhi

The MICR code 110022218 is used in RBI cheque clearing process to identify the branch Burari Delhi 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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