Oriental Bank Of Commerce IFSC Code Search

IFSC is formed in a manner that the first four figures represent the Oriental Bank of Commerce. The next figure is zero and it remains zero for all the banks. The last six digits are a mix of numbers and alphabets that indicate a bank branch of the Oriental Bank of Commerce.

Bank Name				ZERO	Branch Code
O	R	B	C	0	1	0	1	1	5	6

Oriental Bank of Commerce IFSC is the base of banking as fund transfer is not achievable without it. It is necessary to enter the IFSC Code of the sender’s and receiver’s bank to complete the transaction.

IFSC helps the RBI to oversee all the transactions taking place across the country. Hence there are no chances of errors and the fund transfer takes place smoothly.

Be it online banking or traditional mode of banking, IFSC plays an important role in fund transfer by identifying the bank branches involved in fund transfer.

One can transfer money via these money transfer systems namely NEFT, RTGS, and IMPS. IFSC makes electronic payment via these money transfer systems easier.

NEFT	RTGS	IMPS
NEFT is the abbreviation of Nation Electronic Fund Transfer	RTGS is the abbreviation of Real time Gross Settlement	IMPS is the abbreviation of Immediate Payment System
NEFT is a fund transfer system wherein the fund are transferred in half-hourly batches and is available 24*7	Fund transfer under RTGS takes places in real time and on a gross basis	Fund transfer under IMPS wherein the funds are transferred in real time
One needs to have all the beneficiary details like the account number, branch address and the IFSC to transfer funds using NEFT the facility	One needs to have all the beneficiary details like the account number, branch address and the IFSC to transfer funds using the RTGS facility	IMPS can be done through various channels like Bank account number and IFSC code Mobile number and MMID

Below are some of the platforms to find the Oriental Bank of Commerce Bank IFSC Code & MICR Code

Paisabazaar IFSC Tool Locator: Visit the IFSC Tool Locator offered by Paisabazaar and find out the required Oriental Bank of Commerce Bank IFSC Code & MICR Code. Select the bank and the branch whose IFSC Code & MICR Code you need.

Reserve Bank of India Website: IFSC Code & MICR Codes of all branches of Oriental Bank of Commerce Bank are available on the RBI website.

Cheque Book: IFSC code can be found on the Cheque book provided by the Oriental Bank of Commerce Bank. The IFSC Code can be seen on the top and the MICR Code is mentioned at the bottom.

Passbook: One can also look for the IFSC and the MICR Code on the passbook assigned by the Oriental Bank of Commerce.

Mobile Banking / Net Banking: Customers after registering for the bank’s mobile banking and net banking can find the required IFSC and MICR code.

MICR is the abbreviation for Magnetic Ink Character Recognition. It is an 11-digit numeric code used for validating cheques before the clearance. It is just like a barcode but can be easily read by a human. MICR code helps in quicker and errorless processing of cheques.

Examples:

813022002 is the MICR Code of Banka branch, Bihar

799022002 is the MICR Code of Agartala branch, Tripura

Cheque Book: MICR code can be found on the Cheque book provided by the Oriental Bank of Commerce Bank. MICR Code can be seen at the bottom along with the cheque number.

Passbook: One can also look for the MICR Code on the passbook assigned by the Oriental Bank of Commerce.

Mobile Banking / Net Banking: Customers after registering for the bank’s mobile banking and net banking can find the required MICR code easily.

Alternatively, one can use the Paisabazaar IFSC Tool Locator and the RBI Website for the same.

SWIFT Code stands for Society for Worldwide Interbank Financial Telecommunications and is an important parameter for international fund transfer. SWIFT Codes are unique for each bank and are the standard format of the Bank Identifier Codes (BIC).

SWIFT Code is formed of 8 to 11 characters wherein the first four characters represent the bank the next two denote the country and the last two denote the branch or the location.

How to find the Oriental Bank of Commerce SWIFT Code?

An Account holder is supposed to get in touch with the Oriental Bank of Commerce Customer care department to find out the required SWIFT Code.

Oriental Bank of Commerce IFSC:

IFSC is an 11-digit code that enables online and electronic fund transfer.

IFSC code is formed in a way that the first four figures represent the Oriental Bank of Commerce. The next figure is zero and the last six digits are a mix of numbers and alphabets that indicate a bank branch of the Oriental Bank of Commerce.

Oriental Bank of Commerce MICR Code:

MICR is a 9-digit code usually present at the bottom of a cheque leaf and helps in quicker and errorless processing of cheques.

MICR is formed in such a manner that the first 3 digits are indicative of the city, the next 3 denote the bank and the last three denote the branch.

Oriental Bank of Commerce SWIFT Code:

SWIFT Code or SWIFT number is a unique code required for international fund transfer.

SWIFT Code is formed of 8 to 11 characters wherein the first four characters represent the bank the next two denote the country and the last two denote the branch or the location.