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Oriental Bank Of Commerce Branches In Bhadrak - IFSC And MICR Codes

Oriental Bank Of Commerce has 3 branches in Bhadrak like Dhamra , Bhadrak , Basudevpur , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

Oriental Bank Of Commerce branches in Bhadrak, Odisha

IFSC Codes of Oriental Bank Of Commerce in Bhadrak

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Dhamra Dhamra Port,Pradyut Nagar,P.O Dosinga,Bhadrak,Orissa-756171 ORBC0101437 NON-MICR Oriental Bank Of Commerce Dhamra Bhadrak Odisha
Bhadrak R C Behera Market Comp,Salandi By Pass,Orissa ,756100 ORBC0101212 NON MICR Oriental Bank Of Commerce Bhadrak Bhadrak Odisha
Basudevpur Near Boy�S High School, Po � Basudevpur, Dist � Bhadrak,
Orissa,Pin - 756125		 ORBC0101499 NON-MICR Oriental Bank Of Commerce Basudevpur Bhadrak Odisha

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.