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RBI Bhubaneshwar Bhubaneswar Orissa MICR CODE

Find MICR Codes for RBI Bhubaneshwar Bhubaneswar Orissa

MICR Code
Bank Reserve Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rbi Bhubaneswar Govt Of Odhisha
Contact
Bank Details Reserve Bank Of India Rbi Bhubaneswar Govt Of Odhisha RBIS0GOODEP
Location Bhubaneshwar, Bhubaneswar
City Bhubaneshwar
District Bhubaneswar
State Orissa
Pincode 751001
Country IN
Address Reserve bank of india,pt jawaharlal nehru marg,p.b.o.16,bhubaneswar 751001,odisha
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Rbi Bhubaneswar Govt Of Odhisha branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Reserve Bank Of India, Rbi Bhubaneswar Govt Of Odhisha branch makes the system almost error free and faster. Use of Reserve Bank Of India MICR codes for Rbi Bhubaneswar Govt Of Odhisha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Reserve Bank Of India are available with micr code -

>>Rbi Bhubaneswar Govt Of Odhisha

MICR code for RBI Rbi Bhubaneswar Govt Of Odhisha

RBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Reserve Bank Of India MICR code for Rbi Bhubaneswar Govt Of Odhisha is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of RBI Bank for Rbi Bhubaneswar Govt Of Odhisha branch. MICR code for Rbi Bhubaneswar Govt Of Odhisha branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Reserve Bank Of India Rbi Bhubaneswar Govt Of Odhisha is presented in the table alongside.

Use of Reserve Bank Of India MICR code for Rbi Bhubaneswar Govt Of Odhisha branch in bhubaneshwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rbi Bhubaneswar Govt Of Odhisha and Reserve Bank Of India bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of RBI Bank is typically in either of these two font’s: E-138 and CMC-7.