IFSC Code, MICR Codes for ORIENTAL BANK OF COMMERCE in PUNJAB - MOHALI - MOHALI - MOHALI GOVT COLLEGE SEC 56 PHASE 6

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


IFSC Code

ORBC0105126

MICR Code

160022023

Branch

MOHALI GOVT COLLEGE SEC 56 PHASE 6

Contact

2265323

Address

GOVT. COLLEGEMOHALIMOHALI

City

MOHALI

District

MOHALI

State

PUNJAB





What is IFSC Code of ORIENTAL BANK OF COMMERCE situated at MOHALI GOVT COLLEGE SEC 56 PHASE 6- RTGS-HO?
IFSC Code of ORIENTAL BANK OF COMMERCE situated at MOHALI GOVT COLLEGE SEC 56 PHASE 6 - RTGS-HO is

ORBC0105126

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.