Oriental Bank Of Commerce Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Ludhiana Ludhiana 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 Jamalpur Awana Ludhiana
Contact 2680035
Bank Details Oriental Bank Of Commerce Jamalpur Awana Ludhiana ORBC0100240
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141010
Country IN
Address Jamalpur awana,chandigarh road,punjab ,141010
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 141022005 for Jamalpur Awana Ludhiana 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 141022005 of Oriental Bank, Jamalpur Awana Ludhiana branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Jamalpur Awana Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Jamalpur Awana Ludhiana

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 Jamalpur Awana Ludhiana 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. 141022005 is the MICR code of OBC Bank for Jamalpur Awana Ludhiana branch. MICR code for Jamalpur Awana Ludhiana 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 Jamalpur Awana Ludhiana is presented in the table alongside.

Use of Oriental Bank MICR code for Jamalpur Awana Ludhiana branch in ludhiana

The MICR code 141022005 is used in RBI cheque clearing process to identify the branch Jamalpur Awana Ludhiana 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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