HDFC Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for HDFC Bank Cuttack 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 Buxi Bazar Cuttack
Contact
Bank Details Hdfc Bank Ltd Buxi Bazar Cuttack HDFC0002570
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753001
Country IN
Address Near rajtarangini hall, 1240 and 1239 cuttack t own, unit 11 po. Buxi bazar, ps. - cantenment, cuttack orissa 753001
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 753240007 for Buxi Bazar Cuttack 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 753240007 of HDFC Bank Ltd, Buxi Bazar Cuttack branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Buxi Bazar Cuttack branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Buxi Bazar Cuttack

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 Buxi Bazar Cuttack 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. 753240007 is the MICR code of HDFC for Buxi Bazar Cuttack branch. MICR code for Buxi Bazar Cuttack 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 Buxi Bazar Cuttack is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Buxi Bazar Cuttack branch in cuttack

The MICR code 753240007 is used in RBI cheque clearing process to identify the branch Buxi Bazar Cuttack 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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