2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
9th August 2016, 04:59 PM
Super Moderator
 
Join Date: Mar 2013
Re: Oriental Bank Of Commerce Ifsc And Micr Code

Oriental Bank of Commerce is using IFSC codes for transferring fund. Indian Financial System Code is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).

The process of transferring funds using these platforms involves mentioning the IFSC code of the receiver’s bank.

The IFSC code or Indian Financial System Code is an alphanumeric code with 11 characters that is unique for each branch of each bank.

The first four characters of the 11 characters are alphabets which denote the bank’s name.

MICR (Magnetic Ink Character Recognition) code contains numerical values only. It is only a Nine digit code.

Usually printed on cheque leaves, MICR Code is used for processing cheques easily.

Oriental Bank Of Commerce has NEFT supported branches, most of these branches has MICR Code number.

Process to find branches of Oriental Bank Of Commerce:

Visit an official site of Oriental Bank Of Commerce



Click on ATM/ branch locator



Click on branch locator



Find all branches


Quick Reply
Your Username: Click here to log in

Message:
Options




All times are GMT +5. The time now is 09:40 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4