Oriental Bank Of Commerce Patiala Patiala Punjab MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Patiala Patiala Punjab

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MICR Code	147022003
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	New Anaj Mandi Patiala
Contact
Bank Details	Oriental Bank Of Commerce New Anaj Mandi Patiala ORBC0100319

Location	Patiala, Patiala
City	Patiala
District	Patiala
State	Punjab
Pincode	147001
Country	IN
Address	New anaj mandi,sirhind road,punjab ,147001

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 147022003 for New Anaj Mandi Patiala 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 147022003 of Oriental Bank, New Anaj Mandi Patiala branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for New Anaj Mandi Patiala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Oriental Bank Of Commerce are available with micr code -

>>A Tank Patiala >>Baran Distt Patiala >>Bhadson >>Bhamna >>Bhupindra Road Patiala >>Chappar >>Chhintanwala >>Chowk Purani Kotwali Patiala >>Ec Dera Bassi Ssiet >>Ec Mandi Gobind Garh >>Focal Point Patiala >>Gajju Khera >>Govt Mohindra College Patiala >>Gurbax Colony Patiala >>Lower Mall Patiala >>Mehas Distt.Patiala >>Municipal Corporation Patiala >>Nalas Khurd Patiala >>New Anaj Mandi Patiala >>New Officer Colony Patiala >>Patiala Tripari Town >>Rauni Nabha Road Patiala >>Ssi Lalru >>Tehsil Road Samana >>The Mall Patiala >>Urban Estate Patiala

MICR code for Oriental Bank Of Commerce New Anaj Mandi Patiala

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 New Anaj Mandi Patiala 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. 147022003 is the MICR code of OBC Bank for New Anaj Mandi Patiala branch. MICR code for New Anaj Mandi Patiala 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 New Anaj Mandi Patiala is presented in the table alongside.

Use of Oriental Bank MICR code for New Anaj Mandi Patiala branch in patiala

The MICR code 147022003 is used in RBI cheque clearing process to identify the branch New Anaj Mandi Patiala 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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