Ujjivan Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Ujjivan Bank Rajkot Rajkot Gujarat

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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 Mavdi Chowk
Contact 0
Bank Details Ujjivan Small Finance Bank Limited Mavdi Chowk UJVN0004482
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360004
Country IN
Address Atul icecream,ground floor,1st& 2nd floor,mavadi mani road,opp-indraprasth hall,mavadi cross road,rajkot-360004
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 360761002 for Mavdi Chowk 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 360761002 of Ujjivan Small Finance, Mavdi Chowk branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Mavdi Chowk 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 -

>>Mavdi Chowk >>Shastri Maidan

MICR code for Ujjivan Bank Mavdi Chowk

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 Mavdi Chowk 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. 360761002 is the MICR code of Ujjivan Finance Bank for Mavdi Chowk branch. MICR code for Mavdi Chowk 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 Mavdi Chowk is presented in the table alongside.

Use of Ujjivan Small Finance MICR code for Mavdi Chowk branch in rajkot

The MICR code 360761002 is used in RBI cheque clearing process to identify the branch Mavdi Chowk 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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