Oriental Bank Of Commerce New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Oriental Bank Of Commerce New Delhi New Delhi New Delhi

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panchsheel Park New Delhi
Contact 011-26490368
Bank Details Oriental Bank Of Commerce Panchsheel Park New Delhi ORBC0100212
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110017
Country IN
Address 16, shopping centre,panchsheel park,new delhi,110017
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 110022023 for Panchsheel Park New Delhi 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 110022023 of Oriental Bank, Panchsheel Park New Delhi branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Panchsheel Park New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 72 branches of Oriental Bank Of Commerce are available with micr code -

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MICR code for Oriental Bank Of Commerce Panchsheel Park New Delhi

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 Panchsheel Park New Delhi 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. 110022023 is the MICR code of OBC Bank for Panchsheel Park New Delhi branch. MICR code for Panchsheel Park New Delhi 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 Panchsheel Park New Delhi is presented in the table alongside.

Use of Oriental Bank MICR code for Panchsheel Park New Delhi branch in new delhi

The MICR code 110022023 is used in RBI cheque clearing process to identify the branch Panchsheel Park New Delhi 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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