Utkarsh Small Finance Bank Samastipur Samastipur Bihar MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Samastipur Samastipur Bihar

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MICR Code	-NA-
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	Bibhutipur
Contact	0
Bank Details	Utkarsh Small Finance Bank Bibhutipur UTKS0001960

Location	Samastipur, Samastipur
City	Samastipur
District	Samastipur
State	Bihar
Pincode	828211
Country	IN
Address	Utkarsh small finance bank ltd ground floor khoksaha chowk khoksaha bibhutipur dist, samastipur bihar pin, 828211

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 Bibhutipur 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, Bibhutipur branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Bibhutipur 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 -

>>Bibhutipur >>Rosera >>Singhia

MICR code for Utkarsh Small Finance Bank Bibhutipur

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

Use of Utkarsh Bank MICR code for Bibhutipur branch in samastipur

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