Oriental Bank Of Commerce Nagercoil Kanniyakumari Tamil Nadu MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Nagercoil Kanniyakumari Tamil Nadu

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagercoil Chennai
Contact 04652-228735
Bank Details Oriental Bank Of Commerce Nagercoil Chennai ORBC0101135
Location Nagercoil, Kanniyakumari
City Nagercoil
District Kanniyakumari
State Tamil Nadu
Pincode 629003
Country IN
Address Krishna complex,ms.road,vetturni madam,tamil nadu,629003
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 629022002 for Nagercoil Chennai 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 629022002 of Oriental Bank, Nagercoil Chennai branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Nagercoil Chennai 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 -

>>Nagercoil Chennai

MICR code for Oriental Bank Of Commerce Nagercoil Chennai

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 Nagercoil Chennai 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. 629022002 is the MICR code of OBC Bank for Nagercoil Chennai branch. MICR code for Nagercoil Chennai 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 Nagercoil Chennai is presented in the table alongside.

Use of Oriental Bank MICR code for Nagercoil Chennai branch in nagercoil

The MICR code 629022002 is used in RBI cheque clearing process to identify the branch Nagercoil Chennai 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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