Oriental Bank Of Commerce Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Mumbai Mumbai Maharashtra

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MICR Code	400022044
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	Jvpd
Contact
Bank Details	Oriental Bank Of Commerce Jvpd ORBC0101053

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400056
Country	IN
Address	66, gurudarshan, ns,road no 1, jvpd scheme,maharashtra ,400056

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 400022044 for Jvpd 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 400022044 of Oriental Bank, Jvpd branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Jvpd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 58 branches of Oriental Bank Of Commerce are available with micr code -

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MICR code for Oriental Bank Of Commerce Jvpd

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 Jvpd 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. 400022044 is the MICR code of OBC Bank for Jvpd branch. MICR code for Jvpd 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 Jvpd is presented in the table alongside.

Use of Oriental Bank MICR code for Jvpd branch in mumbai

The MICR code 400022044 is used in RBI cheque clearing process to identify the branch Jvpd 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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