The Odisha State Cooperative Bank Ltd Bhawanipatna Kalahandi Orissa MICR CODE

Find MICR Codes for The Odisha State Cooperative Bank Ltd Bhawanipatna Kalahandi Orissa

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MICR Code
Bank The Odisha State Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhawanipatna Sub Member
Contact
Bank Details The Odisha State Cooperative Bank Ltd Bhawanipatna Sub Member ORCB0BWP001
Location Bhawanipatna, Kalahandi
City Bhawanipatna
District Kalahandi
State Orissa
Pincode 766001
Country IN
Address Mahabirpada, po - bhawanipatna, dist - kalahandi - 766001
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 0 for Bhawanipatna Sub Member 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 0 of OSCB, Bhawanipatna Sub Member branch makes the system almost error free and faster. Use of OSCB MICR codes for Bhawanipatna Sub Member branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Odisha State Cooperative Bank Ltd are available with micr code -

>>Bhawanipatna Sub Member

MICR code for The Odisha State Cooperative Bank Ltd Bhawanipatna Sub Member

The Odisha State Cooperative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. OSCB MICR code for Bhawanipatna Sub Member 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. 0 is the MICR code of The Odisha State Cooperative Bank Ltd for Bhawanipatna Sub Member branch. MICR code for Bhawanipatna Sub Member 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 OSCB Bhawanipatna Sub Member is presented in the table alongside.

Use of OSCB MICR code for Bhawanipatna Sub Member branch in bhawanipatna

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhawanipatna Sub Member and OSCB 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 The Odisha State Cooperative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.

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