Oriental Bank Of Commerce Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Mumbai Mumbai Maharashtra

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MICR Code	400022021
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	Thakur Complex Kandivli(E)
Contact
Bank Details	Oriental Bank Of Commerce Thakur Complex Kandivli(E) ORBC0100560

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400101
Country	IN
Address	Gokul monarch coophsg,society kandivli(e),maharashtra ,400101

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 400022021 for Thakur Complex Kandivli(E) 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 400022021 of Oriental Bank, Thakur Complex Kandivli(E) branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Thakur Complex Kandivli(E) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 58 branches of Oriental Bank Of Commerce are available with micr code -

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MICR code for Oriental Bank Of Commerce Thakur Complex Kandivli(E)

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 Thakur Complex Kandivli(E) 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. 400022021 is the MICR code of OBC Bank for Thakur Complex Kandivli(E) branch. MICR code for Thakur Complex Kandivli(E) 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 Thakur Complex Kandivli(E) is presented in the table alongside.

Use of Oriental Bank MICR code for Thakur Complex Kandivli(E) branch in mumbai

The MICR code 400022021 is used in RBI cheque clearing process to identify the branch Thakur Complex Kandivli(E) 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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