Ujjivan Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Ujjivan Bank Ranchi Ranchi Jharkhand

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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 Lalpur
Contact 0
Bank Details Ujjivan Small Finance Bank Limited Lalpur UJVN0003349
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834001
Country IN
Address Ground& lower ground floor,narsaria tower lalpur,opp - lalpur thana ranchi 834001 jharkhand
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 834761003 for Lalpur 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 834761003 of Ujjivan Small Finance, Lalpur branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Lalpur 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 -

>>Lalpur >>Saheed Chowk

MICR code for Ujjivan Bank Lalpur

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 Lalpur 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. 834761003 is the MICR code of Ujjivan Finance Bank for Lalpur branch. MICR code for Lalpur 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 Lalpur is presented in the table alongside.

Use of Ujjivan Small Finance MICR code for Lalpur branch in ranchi

The MICR code 834761003 is used in RBI cheque clearing process to identify the branch Lalpur 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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