Oriental Bank Of Commerce Mhow(Distt. Indore) Indore Madhya Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Mhow(Distt. Indore) Indore Madhya Pradesh

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MICR Code	452022007
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	Mhow Mp
Contact	07324-275917
Bank Details	Oriental Bank Of Commerce Mhow Mp ORBC0100199

Location	Mhow(Distt. Indore), Indore
City	Mhow(Distt. Indore)
District	Indore
State	Madhya Pradesh
Pincode	453441
Country	IN
Address	393, a.b.road,mhow,madhya pradesh,453441

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 452022007 for Mhow Mp 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 452022007 of Oriental Bank, Mhow Mp branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Mhow Mp branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Oriental Bank Of Commerce are available with micr code -

>>Mhow Mp

MICR code for Oriental Bank Of Commerce Mhow Mp

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 Mhow Mp 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. 452022007 is the MICR code of OBC Bank for Mhow Mp branch. MICR code for Mhow Mp 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 Mhow Mp is presented in the table alongside.

Use of Oriental Bank MICR code for Mhow Mp branch in mhow(distt. indore)

The MICR code 452022007 is used in RBI cheque clearing process to identify the branch Mhow Mp 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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