Utkarsh Small Finance Bank Rayagada Chandili Orissa MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Rayagada Chandili Orissa

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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	Chandili
Contact	0
Bank Details	Utkarsh Small Finance Bank Chandili UTKS0001891

Location	Rayagada, Chandili
City	Rayagada
District	Chandili
State	Orissa
Pincode	765017
Country	IN
Address	Near nagavali river amalabhata j.k.pur chandili post office-penta raygada odisha pin-765017

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

>>Chandili

MICR code for Utkarsh Small Finance Bank Chandili

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

Use of Utkarsh Bank MICR code for Chandili branch in rayagada

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