Oriental Bank Of Commerce Fatehgarh Sahib Fatehgarh Saheb Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Fatehgarh Sahib Fatehgarh Saheb 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 Khamano Fatehgarh Sahib
Contact 01628-2682222
Bank Details Oriental Bank Of Commerce Khamano Fatehgarh Sahib ORBC0101258
Location Fatehgarh Sahib, Fatehgarh Saheb
City Fatehgarh Sahib
District Fatehgarh Saheb
State Punjab
Pincode 141801
Country IN
Address Bilaspur road,ward no:,bhular market,khamano,punjab
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 0 for Khamano Fatehgarh Sahib 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 0 of Oriental Bank, Khamano Fatehgarh Sahib branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Khamano Fatehgarh Sahib branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Oriental Bank Of Commerce are available with micr code -

>>Fatehgarh Sahib Patiala >>Khamano Fatehgarh Sahib

MICR code for Oriental Bank Of Commerce Khamano Fatehgarh Sahib

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 Khamano Fatehgarh Sahib 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. 0 is the MICR code of OBC Bank for Khamano Fatehgarh Sahib branch. MICR code for Khamano Fatehgarh Sahib 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 Khamano Fatehgarh Sahib is presented in the table alongside.

Use of Oriental Bank MICR code for Khamano Fatehgarh Sahib branch in fatehgarh sahib

The MICR code 0 is used in RBI cheque clearing process to identify the branch Khamano Fatehgarh Sahib 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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