What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Oriental Bank Of Commerce Ludhiana-ferozepur Road Ludhiana Branch IFSC/MICR Code Details
Bank Name ORIENTAL BANK OF COMMERCE
Address OPPOSITE MILK PLANT, FEROZEPUR ROAD,,LUDHIANA
State PUNJAB
District LUDHIANA
Branch LUDHIANA-FEROZEPUR ROAD
IFSC Code ORBC0100860
Branch Code 100860 (Last six characters of IFSC code represent Branch code.)
MICR Code 141022013
Contact Phone 5092873
via https://bankingzone.in/ifsc

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