Ujjivan Bank Anklav Anand Gujarat MICR CODE

Find MICR Codes for Ujjivan Bank Anklav Anand 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 Navakhal
Contact 0
Bank Details Ujjivan Small Finance Bank Limited Navakhal UJVN0004509
Location Anklav, Anand
City Anklav
District Anand
State Gujarat
Pincode 388510
Country IN
Address Faliyu navakhal anklav,anand 388510 anklav anand gujarat
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 Navakhal 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, Navakhal branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Navakhal 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 -

>>Kahanwadi >>Navakhal

MICR code for Ujjivan Bank Navakhal

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

Use of Ujjivan Small Finance MICR code for Navakhal branch in anklav

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