MICR Code: 301022050

Bank: Oriental Bank of Commerce
IFSC Code: Orbc0100540
MICR Code: 301022050
Address: Dhaba Complex, Riico Project Area,, Bhiwadi, Teh. Tijara,, Bhiwadi
City: Bhiwadi
District: Bhiwadi
State: Rajasthan

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 301022050.

  • In this case first three codes 301 is city code and it represents city Bhiwadi.
  • Next three characters 022 represents bank Oriental Bank of Commerce.
  • Remaining characters which are 050 represents branch. In our case branch is located at address Dhaba Complex, Riico Project Area,, Bhiwadi, Teh. Tijara,, Bhiwadi.

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.