Oriental Bank Of Commerce Chennai Kancheepuram Tamil Nadu MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Chennai Kancheepuram Tamil Nadu

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MICR Code	600022016
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	Selaiyur
Contact	044-22394217
Bank Details	Oriental Bank Of Commerce Selaiyur ORBC0101113

Location	Chennai, Kancheepuram
City	Chennai
District	Kancheepuram
State	Tamil Nadu
Pincode	600073
Country	IN
Address	539-velachery road,selaiyur,tamil nadu,600073

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 600022016 for Selaiyur 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 600022016 of Oriental Bank, Selaiyur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Selaiyur 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 -

>>Moulivakkam Chennai >>Selaiyur

MICR code for Oriental Bank Of Commerce Selaiyur

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 Selaiyur 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. 600022016 is the MICR code of OBC Bank for Selaiyur branch. MICR code for Selaiyur 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 Selaiyur is presented in the table alongside.

Use of Oriental Bank MICR code for Selaiyur branch in chennai

The MICR code 600022016 is used in RBI cheque clearing process to identify the branch Selaiyur 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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