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RBI Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for RBI Bhubaneswar Khurda Orissa

Bank
State
District
City
Branch
Address

MICR Code	751001001
Bank	Reserve Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhubaneswar
Contact	0674-2390071
Bank Details	Reserve Bank Of India Bhubaneswar RBIS0BBPA01

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode	751012
Country	IN
Address	Pt. Jawaharlal marg, kharvelnagar

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 751001001 for Bhubaneswar 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 751001001 of Reserve Bank Of India, Bhubaneswar branch makes the system almost error free and faster. Use of Reserve Bank Of India MICR codes for Bhubaneswar 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 -

>>Bhubaneswar

MICR code for RBI Bhubaneswar

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 Bhubaneswar 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. 751001001 is the MICR code of RBI Bank for Bhubaneswar branch. MICR code for Bhubaneswar 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 Bhubaneswar is presented in the table alongside.

Use of Reserve Bank Of India MICR code for Bhubaneswar branch in bhubaneswar

The MICR code 751001001 is used in RBI cheque clearing process to identify the branch Bhubaneswar 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.