Oriental Bank Of Commerce Thane Thane Maharashtra MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Thane Thane Maharashtra

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MICR Code
Bank Oriental Bank Of Commerce
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thane Thane
Contact
Bank Details Oriental Bank Of Commerce Thane Thane ORBC0100138
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400602
Country IN
Address Monalisa, plot no 236,naupada, l.b.s. Marg,maharashtra ,400602
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 400022012 for Thane Thane 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 400022012 of Oriental Bank, Thane Thane branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Thane Thane branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Oriental Bank Of Commerce are available with micr code -

>>Bhayander(W) Thane >>Padmavati Bldg Vasai(W) >>Pokran Thane >>Thane Thane >>Ulhas Nagar Thane >>Vasai Thane >>Venus Towers Thane

MICR code for Oriental Bank Of Commerce Thane Thane

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 Thane Thane 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. 400022012 is the MICR code of OBC Bank for Thane Thane branch. MICR code for Thane Thane 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 Thane Thane is presented in the table alongside.

Use of Oriental Bank MICR code for Thane Thane branch in thane

The MICR code 400022012 is used in RBI cheque clearing process to identify the branch Thane Thane 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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