HDFC Bank Banki Cuttack Orissa MICR CODE

Find MICR Codes for HDFC Bank Banki Cuttack Orissa

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banki
Contact 9937303333
Bank Details Hdfc Bank Ltd Banki HDFC0009192
Location Banki, Cuttack
City Banki
District Cuttack
State Orissa
Pincode 754008
Country IN
Address Hdfc bank ltd ground floor plot no 1316 1637 banki main road banki cuttack odisha 754008
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 754240510 for Banki 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 754240510 of HDFC Bank Ltd, Banki branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Banki branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Banki

MICR code for HDFC Bank Banki

HDFC Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HDFC Bank Ltd MICR code for Banki 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. 754240510 is the MICR code of HDFC for Banki branch. MICR code for Banki 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 HDFC Bank Ltd Banki is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Banki branch in banki

The MICR code 754240510 is used in RBI cheque clearing process to identify the branch Banki and HDFC Bank Ltd 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 HDFC is typically in either of these two font’s: E-138 and CMC-7.

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