Ujjivan Bank Bhagalpur Bhagalpur Bihar MICR CODE

Find MICR Codes for Ujjivan Bank Bhagalpur Bhagalpur Bihar

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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 Bhagalpur
Contact 0
Bank Details Ujjivan Small Finance Bank Limited Bhagalpur UJVN0003527
Location Bhagalpur, Bhagalpur
City Bhagalpur
District Bhagalpur
State Bihar
Pincode 821002
Country IN
Address Ujjivan small finance bank,ganji mill campus,tilka majhi,central jail road,bhagalpur 821002
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 Bhagalpur 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, Bhagalpur branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Bhagalpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Ujjivan Small Finance Bank Limited are available with micr code -

>>Bhagalpur >>Makanpur

MICR code for Ujjivan Bank Bhagalpur

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

Use of Ujjivan Small Finance MICR code for Bhagalpur branch in bhagalpur

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