Utkarsh Small Finance Bank Hrh Balugaon Orissa MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Hrh Balugaon Orissa

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MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balugaon
Contact 0
Bank Details Utkarsh Small Finance Bank Balugaon UTKS0001893
Location Hrh, Balugaon
City Hrh
District Balugaon
State Orissa
Pincode 752030
Country IN
Address Upper ground floor nh-05 brahmpur to bhubaneswar road near somnath bus stand balugaon district-khordha odisha pin-752030
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 Balugaon 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 Utkarsh Bank, Balugaon branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Balugaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Utkarsh Small Finance Bank are available with micr code -

>>Balugaon

MICR code for Utkarsh Small Finance Bank Balugaon

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 Balugaon 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 Utkarsh Small Finance Bank for Balugaon branch. MICR code for Balugaon 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 Balugaon is presented in the table alongside.

Use of Utkarsh Bank MICR code for Balugaon branch in hrh

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