Ujjivan Bank Ooty Nilgiris Tamil Nadu MICR CODE

Find MICR Codes for Ujjivan Bank Ooty Nilgiris Tamil Nadu

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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 Ooty
Contact 0
Bank Details Ujjivan Small Finance Bank Limited Ooty UJVN0001613
Location Ooty, Nilgiris
City Ooty
District Nilgiris
State Tamil Nadu
Pincode
Country IN
Address New r.s.no.e/18-59, assessment no.20543, 20550 and 20551, door no.421/c3 of ground floor& no.421/c4, 421/c5 of 1st floor, uthagamandalam ettines road, uthagamandalam, ooty, nilgiris
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 Ooty 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, Ooty branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Ooty 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 -

>>Ooty

MICR code for Ujjivan Bank Ooty

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

Use of Ujjivan Small Finance MICR code for Ooty branch in ooty

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