Oriental Bank Of Commerce Pandri Raipur Chhattisgarh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Pandri Raipur Chhattisgarh

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MICR Code	492022007
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	Raipur Pandri
Contact	9165422361
Bank Details	Oriental Bank Of Commerce Raipur Pandri ORBC0101955

Location	Pandri, Raipur
City	Pandri
District	Raipur
State	Chhattisgarh
Pincode	492004
Country	IN
Address	Plot no -19/3 kartar sharma bhawan, jeevan bima marg, near mandi gate ,pandri tarai,raipur-492004

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 492022007 for Raipur Pandri 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 492022007 of Oriental Bank, Raipur Pandri branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Raipur Pandri 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 -

>>Raipur Pandri

MICR code for Oriental Bank Of Commerce Raipur Pandri

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 Raipur Pandri 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. 492022007 is the MICR code of OBC Bank for Raipur Pandri branch. MICR code for Raipur Pandri 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 Raipur Pandri is presented in the table alongside.

Use of Oriental Bank MICR code for Raipur Pandri branch in pandri

The MICR code 492022007 is used in RBI cheque clearing process to identify the branch Raipur Pandri 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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