Oriental Bank Of Commerce Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sadasiva Nagar
Contact 080-23616103
Bank Details Oriental Bank Of Commerce Sadasiva Nagar ORBC0101084
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560080
Country IN
Address Upper palce orchards, sadasivnagar, karnataka , 560080
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 560022010 for Sadasiva Nagar 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 560022010 of Oriental Bank, Sadasiva Nagar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Sadasiva Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Oriental Bank Of Commerce Sadasiva Nagar

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 Sadasiva Nagar 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. 560022010 is the MICR code of OBC Bank for Sadasiva Nagar branch. MICR code for Sadasiva Nagar 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 Sadasiva Nagar is presented in the table alongside.

Use of Oriental Bank MICR code for Sadasiva Nagar branch in bangalore

The MICR code 560022010 is used in RBI cheque clearing process to identify the branch Sadasiva Nagar 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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