Oriental Bank Of Commerce Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Mangalore Dakshina Kannada Karnataka

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MICR Code	575022001
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	Manglore
Contact	0824-2423751,2423781
Bank Details	Oriental Bank Of Commerce Manglore ORBC0100966

Location	Mangalore, Dakshina Kannada
City	Mangalore
District	Dakshina Kannada
State	Karnataka
Pincode	575001
Country	IN
Address	Vaman kudva towers,balmatta road,karnataka ,575001

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 575022001 for Manglore 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 575022001 of Oriental Bank, Manglore branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Manglore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Oriental Bank Of Commerce are available with micr code -

>>Candle Garden Manglore >>Kotekar Mangalore >>Manglore

MICR code for Oriental Bank Of Commerce Manglore

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 Manglore 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. 575022001 is the MICR code of OBC Bank for Manglore branch. MICR code for Manglore 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 Manglore is presented in the table alongside.

Use of Oriental Bank MICR code for Manglore branch in mangalore

The MICR code 575022001 is used in RBI cheque clearing process to identify the branch Manglore 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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