Fedral Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Fedral Bank Bhubaneswar Khurda Orissa

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhubaneswar Kalpana Square
Contact 0674-2134445 Bbsz@federalbank.Co.In
Bank Details Federal Bank Ltd Bhubaneswar Kalpana Square FDRL0001513
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751014
Country IN
Address Bhjem school m15 bjb nagar bhubaneswar 751014
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 751049002 for Bhubaneswar Kalpana Square 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 751049002 of Federal Bank, Bhubaneswar Kalpana Square branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Bhubaneswar Kalpana Square branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Federal Bank Ltd are available with micr code -

>>Bhubaneswar >>Bhubaneswar Kalpana Square

MICR code for Fedral Bank Bhubaneswar Kalpana Square

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Bhubaneswar Kalpana Square 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. 751049002 is the MICR code of Fedral Bank for Bhubaneswar Kalpana Square branch. MICR code for Bhubaneswar Kalpana Square 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 Federal Bank Bhubaneswar Kalpana Square is presented in the table alongside.

Use of Federal Bank MICR code for Bhubaneswar Kalpana Square branch in bhubaneswar

The MICR code 751049002 is used in RBI cheque clearing process to identify the branch Bhubaneswar Kalpana Square and Federal Bank 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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