IFSC Code, MICR Codes for ORIENTAL BANK OF COMMERCE in PUNJAB - RAIKOT - RAIKOT - RAIKOT

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


IFSC Code

ORBC0100792

MICR Code

141022302

Branch

RAIKOT

Contact

545152

Address

MALERKOTLA ROADNEAR JAGPAL PALACERAIKOTRAIKOT

City

RAIKOT

District

RAIKOT

State

PUNJAB





What is IFSC Code of ORIENTAL BANK OF COMMERCE situated at RAIKOT- RTGS-HO?
IFSC Code of ORIENTAL BANK OF COMMERCE situated at RAIKOT - RTGS-HO is

ORBC0100792

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.