MICR Code: 306022002

Bank: Oriental Bank of Commerce
IFSC Code: Orbc0100178
MICR Code: 306022002
Address: Nr. Old Bus Stand, Infront Of Sulabh Complex, Pali Marwar, Palimarwar
City: Palimarwar
District: Palimarwar
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 306022002.

  • In this case first three codes 306 is city code and it represents city Palimarwar.
  • Next three characters 022 represents bank Oriental Bank of Commerce.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Nr. Old Bus Stand, Infront Of Sulabh Complex, Pali Marwar, Palimarwar.

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.