Oriental Bank Of Commerce New Delhi New Delhi New Delhi MICR CODE

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

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MICR Code	110022012
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	Karol Bagh New Delhi
Contact	011-28756884
Bank Details	Oriental Bank Of Commerce Karol Bagh New Delhi ORBC0100012

Location	New Delhi, New Delhi
City	New Delhi
District	New Delhi
State	New Delhi
Pincode	110005
Country	IN
Address	8/1 ground floor,abdul,aziz rd, karolbagh,new delhi,110005

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 110022012 for Karol Bagh New 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 110022012 of Oriental Bank, Karol Bagh New Delhi branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Karol Bagh New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 72 branches of Oriental Bank Of Commerce are available with micr code -

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MICR code for Oriental Bank Of Commerce Karol Bagh New 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 Karol Bagh New 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. 110022012 is the MICR code of OBC Bank for Karol Bagh New Delhi branch. MICR code for Karol Bagh New 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 Karol Bagh New Delhi is presented in the table alongside.

Use of Oriental Bank MICR code for Karol Bagh New Delhi branch in new delhi

The MICR code 110022012 is used in RBI cheque clearing process to identify the branch Karol Bagh New 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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