Oriental Bank Of Commerce Raigarh Raigarh Chhattisgarh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Raigarh Raigarh Chhattisgarh

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MICR Code	496022001
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	Raigarh (Chattishgarh)
Contact	9406208292
Bank Details	Oriental Bank Of Commerce Raigarh (Chattishgarh) ORBC0101315

Location	Raigarh, Raigarh
City	Raigarh
District	Raigarh
State	Chhattisgarh
Pincode	496001
Country	IN
Address	36-41,1st floor,krishna shopping mall,dhimrapur chowk,opp ganga nursing home,raigarh-496001

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 496022001 for Raigarh (Chattishgarh) 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 496022001 of Oriental Bank, Raigarh (Chattishgarh) branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Raigarh (Chattishgarh) 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 -

>>Collectorate Raigarh >>Raigarh (Chattishgarh)

MICR code for Oriental Bank Of Commerce Raigarh (Chattishgarh)

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 Raigarh (Chattishgarh) 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. 496022001 is the MICR code of OBC Bank for Raigarh (Chattishgarh) branch. MICR code for Raigarh (Chattishgarh) 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 Raigarh (Chattishgarh) is presented in the table alongside.

Use of Oriental Bank MICR code for Raigarh (Chattishgarh) branch in raigarh

The MICR code 496022001 is used in RBI cheque clearing process to identify the branch Raigarh (Chattishgarh) 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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