Ujjivan Bank Tumakuru Tiptur Karnataka MICR CODE

Find MICR Codes for Ujjivan Bank Tumakuru Tiptur Karnataka

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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 Tiptur
Contact
Bank Details Ujjivan Small Finance Bank Limited Tiptur UJVN0001144
Location Tumakuru, Tiptur
City Tumakuru
District Tiptur
State Karnataka
Pincode
Country IN
Address Htno 89/54nd88/53, lingnncomplex, opp govt girls high school, bhrod - tumkur
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 Tiptur 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, Tiptur branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Tiptur 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 -

>>Tiptur

MICR code for Ujjivan Bank Tiptur

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

Use of Ujjivan Small Finance MICR code for Tiptur branch in tumakuru

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