Oriental Bank Of Commerce Jajpur Jajpur Orissa MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Jajpur Jajpur Orissa

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MICR Code	755022003
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	Rachhipur Dist Jajpur
Contact	9438602279
Bank Details	Oriental Bank Of Commerce Rachhipur Dist Jajpur ORBC0102078

Location	Jajpur, Jajpur
City	Jajpur
District	Jajpur
State	Orissa
Pincode	755019
Country	IN
Address	Rajiv gandhi seva kendra, p.o. Rachhipur, dist-jajpur, odisha-755019.

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 755022003 for Rachhipur Dist Jajpur 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 755022003 of Oriental Bank, Rachhipur Dist Jajpur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Rachhipur Dist Jajpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Oriental Bank Of Commerce are available with micr code -

>>Main Road Jajpur Road >>Rachhipur Dist Jajpur

MICR code for Oriental Bank Of Commerce Rachhipur Dist Jajpur

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 Rachhipur Dist Jajpur 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. 755022003 is the MICR code of OBC Bank for Rachhipur Dist Jajpur branch. MICR code for Rachhipur Dist Jajpur 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 Rachhipur Dist Jajpur is presented in the table alongside.

Use of Oriental Bank MICR code for Rachhipur Dist Jajpur branch in jajpur

The MICR code 755022003 is used in RBI cheque clearing process to identify the branch Rachhipur Dist Jajpur 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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