RBI Khordha Bhubaneswar Orissa MICR CODE

Find MICR Codes for RBI Khordha Bhubaneswar Orissa

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MICR Code
Bank Reserve Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhubaneswar Regional Office
Contact 674-2395580
Bank Details Reserve Bank Of India Bhubaneswar Regional Office RBIS0GOODER
Location Khordha, Bhubaneswar
City Khordha
District Bhubaneswar
State Orissa
Pincode 751001
Country IN
Address Pt. Jawaharlal nehru marg,p.b.no. 16,bhubaneswar - 751001
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 Bhubaneswar Regional Office 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, Bhubaneswar Regional Office branch makes the system almost error free and faster. Use of Reserve Bank Of India MICR codes for Bhubaneswar Regional Office 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 Regional Office

MICR code for RBI Bhubaneswar Regional Office

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 Regional Office 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 Bhubaneswar Regional Office branch. MICR code for Bhubaneswar Regional Office 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 Regional Office is presented in the table alongside.

Use of Reserve Bank Of India MICR code for Bhubaneswar Regional Office branch in khordha

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhubaneswar Regional Office 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.

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