IFSC Code, MICR Codes for ORIENTAL BANK OF COMMERCE in PUNJAB - DERRA BASSI - DERRA BASSI - DERA BASSI EC DERA SSIET

ORIENTAL BANK OF COMMERCE RTGS HO Branch in DERRA BASSI - Address, IFSC, MICR Code


IFSC Code

ORBC0105240

MICR Code

160022035

Branch

DERA BASSI EC DERA SSIET

Contact

284790

Address

SSIET AMBALA ROAD DERA BASSIDERRA BASSI

City

DERRA BASSI

District

DERRA BASSI

State

PUNJAB





What is IFSC Code of ORIENTAL BANK OF COMMERCE situated at DERA BASSI EC DERA SSIET- RTGS-HO?
IFSC Code of ORIENTAL BANK OF COMMERCE situated at DERA BASSI EC DERA SSIET - RTGS-HO is

ORBC0105240

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.