Oriental Bank Of Commerce Panchkula Haryana Panchkula Haryana MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Panchkula Haryana Panchkula Haryana

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MICR Code	160022013
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	Sector 20 Panchkula
Contact	0172-2551860
Bank Details	Oriental Bank Of Commerce Sector 20 Panchkula ORBC0100943

Location	Panchkula Haryana, Panchkula
City	Panchkula Haryana
District	Panchkula
State	Haryana
Pincode	134112
Country	IN
Address	Sco-392, sector-20, panchkula, haryana, 134112

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 160022013 for Sector 20 Panchkula 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 160022013 of Oriental Bank, Sector 20 Panchkula branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Sector 20 Panchkula branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Oriental Bank Of Commerce are available with micr code -

>>Hansraj Public School Panchkula >>Panchkula Sector 8 >>Sector 11 Panchkula >>Sector 20 Panchkula

MICR code for Oriental Bank Of Commerce Sector 20 Panchkula

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 Sector 20 Panchkula 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. 160022013 is the MICR code of OBC Bank for Sector 20 Panchkula branch. MICR code for Sector 20 Panchkula 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 Sector 20 Panchkula is presented in the table alongside.

Use of Oriental Bank MICR code for Sector 20 Panchkula branch in panchkula haryana

The MICR code 160022013 is used in RBI cheque clearing process to identify the branch Sector 20 Panchkula 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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