Oriental Bank Of Commerce Siwan Siwan Bihar MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Siwan Siwan Bihar

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MICR Code	841022202
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	Siwan Distt. Siwan
Contact	06154-246029
Bank Details	Oriental Bank Of Commerce Siwan Distt. Siwan ORBC0101845

Location	Siwan, Siwan
City	Siwan
District	Siwan
State	Bihar
Pincode	841232
Country	IN
Address	Samnani complex, chapra road, siwan, distt. Siwan

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 841022202 for Siwan Distt. Siwan 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 841022202 of Oriental Bank, Siwan Distt. Siwan branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Siwan Distt. Siwan 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 -

>>Siwan Distt. Siwan

MICR code for Oriental Bank Of Commerce Siwan Distt. Siwan

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 Siwan Distt. Siwan 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. 841022202 is the MICR code of OBC Bank for Siwan Distt. Siwan branch. MICR code for Siwan Distt. Siwan 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 Siwan Distt. Siwan is presented in the table alongside.

Use of Oriental Bank MICR code for Siwan Distt. Siwan branch in siwan

The MICR code 841022202 is used in RBI cheque clearing process to identify the branch Siwan Distt. Siwan 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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