Oriental Bank Of Commerce Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Delhi Delhi New Delhi

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MICR Code	110022203
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	Swaroop Nagar
Contact	Applied
Bank Details	Oriental Bank Of Commerce Swaroop Nagar ORBC0101436

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110042
Country	IN
Address	Swaroop nagar,a-1,kashak road,delhi-110042

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 110022203 for Swaroop 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 110022203 of Oriental Bank, Swaroop Nagar branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Swaroop Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Oriental Bank Of Commerce are available with micr code -

>>Burari Delhi >>Delhi Dariyapur Kalan >>Delhi Pooth Kalan >>Delhi Vishwas Nagar >>Delhi Vivek Vihar >>Jasola New Delhi >>Krishna Nagar Delhi >>Mayur Vihar Phase One >>Mundka >>New Delhi Kapashera >>Sultanpur Majra >>Swaroop Nagar

MICR code for Oriental Bank Of Commerce Swaroop 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 Swaroop 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. 110022203 is the MICR code of OBC Bank for Swaroop Nagar branch. MICR code for Swaroop 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 Swaroop Nagar is presented in the table alongside.

Use of Oriental Bank MICR code for Swaroop Nagar branch in delhi

The MICR code 110022203 is used in RBI cheque clearing process to identify the branch Swaroop 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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