Ujjivan Bank Iii Bagodar Jharkhand MICR CODE

Find MICR Codes for Ujjivan Bank Iii Bagodar Jharkhand

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MICR Code	-NA-
Bank	Ujjivan Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bagodar
Contact	80-40712166
Bank Details	Ujjivan Small Finance Bank Limited Bagodar UJVN0003638

Location	Iii, Bagodar
City	Iii
District	Bagodar
State	Jharkhand
Pincode
Country	IN
Address	Aia road near raj electicals, block moebagoda, jhakhand

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 Bagodar 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, Bagodar branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Bagodar 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 -

>>Bagodar

MICR code for Ujjivan Bank Bagodar

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 Bagodar 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 Bagodar branch. MICR code for Bagodar 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 Bagodar is presented in the table alongside.

Use of Ujjivan Small Finance MICR code for Bagodar branch in iii

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bagodar 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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