MICR Code: 431022003

Bank: Oriental Bank of Commerce
IFSC Code: Orbc0100709
MICR Code: 431022003
Address: Varadambe, 130, Samarth Nagar,, Sawarkar Chowk, Aurangabad, Aurangabad
City: Aurangabad
District: Aurangabad
State: Maharashtra

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 431022003.

  • In this case first three codes 431 is city code and it represents city Aurangabad.
  • Next three characters 022 represents bank Oriental Bank of Commerce.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Varadambe, 130, Samarth Nagar,, Sawarkar Chowk, Aurangabad, Aurangabad.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.