Oriental Bank Of Commerce Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Vijayawada Krishna Andhra Pradesh

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch M G Road Labbipet Vijayawada
Contact 0866-2484980
Bank Details Oriental Bank Of Commerce M G Road Labbipet Vijayawada ORBC0101083
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520010
Country IN
Address 39-9-1, sailok complex,mg road labbipet,andhra pradesh ,520010
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 520022002 for M G Road Labbipet Vijayawada 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 520022002 of Oriental Bank, M G Road Labbipet Vijayawada branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for M G Road Labbipet Vijayawada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Oriental Bank Of Commerce are available with micr code -

>>Ec One Town Vijaywada >>Gurunanak Colony Vijyawada >>M G Road Labbipet Vijayawada >>Vijayawada

MICR code for Oriental Bank Of Commerce M G Road Labbipet Vijayawada

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 M G Road Labbipet Vijayawada 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. 520022002 is the MICR code of OBC Bank for M G Road Labbipet Vijayawada branch. MICR code for M G Road Labbipet Vijayawada 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 M G Road Labbipet Vijayawada is presented in the table alongside.

Use of Oriental Bank MICR code for M G Road Labbipet Vijayawada branch in vijayawada

The MICR code 520022002 is used in RBI cheque clearing process to identify the branch M G Road Labbipet Vijayawada 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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