Oriental Bank Of Commerce Navimumbai Navimumbai Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Navimumbai Navimumbai Maharashtra

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MICR Code	400022079
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	Navi Mumbai Kharghar
Contact	022-27742616
Bank Details	Oriental Bank Of Commerce Navi Mumbai Kharghar ORBC0101614

Location	Navimumbai, Navimumbai
City	Navimumbai
District	Navimumbai
State	Maharashtra
Pincode
Country	IN
Address	Shop no 62 & 63, patel heritage, sec-7, kharghar

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 400022079 for Navi Mumbai Kharghar 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 400022079 of Oriental Bank, Navi Mumbai Kharghar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Navi Mumbai Kharghar 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 -

>>Navi Mumbai Kharghar

MICR code for Oriental Bank Of Commerce Navi Mumbai Kharghar

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 Navi Mumbai Kharghar 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. 400022079 is the MICR code of OBC Bank for Navi Mumbai Kharghar branch. MICR code for Navi Mumbai Kharghar 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 Navi Mumbai Kharghar is presented in the table alongside.

Use of Oriental Bank MICR code for Navi Mumbai Kharghar branch in navimumbai

The MICR code 400022079 is used in RBI cheque clearing process to identify the branch Navi Mumbai Kharghar 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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