Ujjivan Bank Ahmednagar Ahmed Nagar Maharashtra MICR CODE

Find MICR Codes for Ujjivan Bank Ahmednagar Ahmed Nagar Maharashtra

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MICR Code
Bank Ujjivan Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ahmed Nagar
Contact 0
Bank Details Ujjivan Small Finance Bank Limited Ahmed Nagar UJVN0004450
Location Ahmednagar, Ahmed Nagar
City Ahmednagar
District Ahmed Nagar
State Maharashtra
Pincode 414001
Country IN
Address Shop no.1,2&3,ground floor,mukund icon,tilak road,opp gune hospital,ahmednagar 414001
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 Ahmed Nagar 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 Ujjivan Small Finance, Ahmed Nagar branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Ahmed Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Ujjivan Small Finance Bank Limited are available with micr code -

>>Ahmed Nagar

MICR code for Ujjivan Bank Ahmed Nagar

Ujjivan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ujjivan Small Finance MICR code for Ahmed Nagar 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 Ujjivan Finance Bank for Ahmed Nagar branch. MICR code for Ahmed Nagar 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 Ujjivan Small Finance Ahmed Nagar is presented in the table alongside.

Use of Ujjivan Small Finance MICR code for Ahmed Nagar branch in ahmednagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ahmed Nagar and Ujjivan Small Finance 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 Ujjivan Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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