Oriental Bank Of Commerce Phalodi Jodhpur Rajasthan MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Phalodi Jodhpur Rajasthan

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MICR Code	342022012
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	Phalodi Distt Jodhpur
Contact	222108
Bank Details	Oriental Bank Of Commerce Phalodi Distt Jodhpur ORBC0102152

Location	Phalodi, Jodhpur
City	Phalodi
District	Jodhpur
State	Rajasthan
Pincode	342301
Country	IN
Address	Krishi upaj mandi samiti, phalodi, distt jodhpur, rajasthan - 342301

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 342022012 for Phalodi Distt Jodhpur 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 342022012 of Oriental Bank, Phalodi Distt Jodhpur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Phalodi Distt Jodhpur 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 -

>>Phalodi Distt Jodhpur

MICR code for Oriental Bank Of Commerce Phalodi Distt Jodhpur

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 Phalodi Distt Jodhpur 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. 342022012 is the MICR code of OBC Bank for Phalodi Distt Jodhpur branch. MICR code for Phalodi Distt Jodhpur 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 Phalodi Distt Jodhpur is presented in the table alongside.

Use of Oriental Bank MICR code for Phalodi Distt Jodhpur branch in phalodi

The MICR code 342022012 is used in RBI cheque clearing process to identify the branch Phalodi Distt Jodhpur 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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