Oriental Bank Of Commerce Newada Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Oriental Bank Of Commerce Newada Varanasi Uttar Pradesh

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MICR Code	221022009
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	Varanasi Sunderpur
Contact	0542-2300027
Bank Details	Oriental Bank Of Commerce Varanasi Sunderpur ORBC0101627

Location	Newada, Varanasi
City	Newada
District	Varanasi
State	Uttar Pradesh
Pincode	221005
Country	IN
Address	N-8/256 b-1-ka,newada sunderpur,varanasi

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 221022009 for Varanasi Sunderpur 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 221022009 of Oriental Bank, Varanasi Sunderpur branch makes the system almost error free and faster. Use of Oriental Bank MICR codes for Varanasi Sunderpur 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 -

>>Varanasi Sunderpur

MICR code for Oriental Bank Of Commerce Varanasi Sunderpur

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 Varanasi Sunderpur 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. 221022009 is the MICR code of OBC Bank for Varanasi Sunderpur branch. MICR code for Varanasi Sunderpur 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 Varanasi Sunderpur is presented in the table alongside.

Use of Oriental Bank MICR code for Varanasi Sunderpur branch in newada

The MICR code 221022009 is used in RBI cheque clearing process to identify the branch Varanasi Sunderpur 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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