IFSC Code, MICR Codes for ORIENTAL BANK OF COMMERCE in PUNJAB - MOHALI - MOHALI - MOHALI SECTOR 55

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


IFSC Code

ORBC0100408

MICR Code

160022004

Branch

MOHALI SECTOR 55

Contact

5095479

Address

S.C.O.-33PHASE-ISAS NAGAR(MOHALI)TEH.ROPAR160051MOHALI

City

MOHALI

District

MOHALI

State

PUNJAB





What is IFSC Code of ORIENTAL BANK OF COMMERCE situated at MOHALI SECTOR 55- RTGS-HO?
IFSC Code of ORIENTAL BANK OF COMMERCE situated at MOHALI SECTOR 55 - RTGS-HO is

ORBC0100408

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.