Utkarsh Small Finance Bank Gridih Gridih Jharkhand MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Gridih Gridih Jharkhand

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MICR Code	815762003
Bank	Utkarsh Small Finance Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bagodar
Contact	9102992746
Bank Details	Utkarsh Small Finance Bank Bagodar UTKS0001334

Location	Gridih, Gridih
City	Gridih
District	Gridih
State	Jharkhand
Pincode	825322
Country	IN
Address	C/o-mr. Surendra kumar gupta s/o-late kishore lal opposite vaishnavi devi mandir jarmune bagodar, dist- giridih (jharkhand), pin-825322

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 815762003 for Bagodar 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 815762003 of Utkarsh Bank, Bagodar branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Bagodar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Utkarsh Small Finance Bank are available with micr code -

>>Bagodar >>Chatro >>Rajdhanwar

MICR code for Utkarsh Small Finance Bank Bagodar

Utkarsh Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Utkarsh Bank MICR code for Bagodar 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. 815762003 is the MICR code of Utkarsh Small Finance Bank for Bagodar branch. MICR code for Bagodar 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 Utkarsh Bank Bagodar is presented in the table alongside.

Use of Utkarsh Bank MICR code for Bagodar branch in gridih

The MICR code 815762003 is used in RBI cheque clearing process to identify the branch Bagodar and Utkarsh Bank 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 Utkarsh Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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