Oriental Bank Of Commerce Ambala Ambala Haryana MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Ambala Ambala Haryana

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prem Nagar Ambala City
Contact 0171-2555457
Bank Details Oriental Bank Of Commerce Prem Nagar Ambala City ORBC0101203
Location Ambala, Ambala
City Ambala
District Ambala
State Haryana
Pincode 133001
Country IN
Address 3, prem nagar,haryana,133001
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 0 for Prem Nagar Ambala City 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 0 of Oriental Bank, Prem Nagar Ambala City branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Prem Nagar Ambala City branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Oriental Bank Of Commerce are available with micr code -

>>A.S.Sr.Sec.School Ambala >>Ambala City >>Barara >>Kala Amb >>Mahesh Nagar Ambala >>Mmet Mulana >>Naraingarh Ambala >>Prem Nagar Ambala City >>Sadar Bazar Ambala Cantt >>Sadopur

MICR code for Oriental Bank Of Commerce Prem Nagar Ambala City

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 Prem Nagar Ambala City 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. 0 is the MICR code of OBC Bank for Prem Nagar Ambala City branch. MICR code for Prem Nagar Ambala City 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 Prem Nagar Ambala City is presented in the table alongside.

Use of Oriental Bank MICR code for Prem Nagar Ambala City branch in ambala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Prem Nagar Ambala City 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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