Utkarsh Small Finance Bank Balangir Balangir Orissa MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Balangir Balangir 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 Kantabanji
Contact 0
Bank Details Utkarsh Small Finance Bank Kantabanji UTKS0001803
Location Balangir, Balangir
City Balangir
District Balangir
State Orissa
Pincode 767039
Country IN
Address Utkarsh small finance bank ltd,sh-64 patnagarh road near,sonalika tractor agency,kantabanji district -balangir,odisha pin code -767039
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 767762006 for Kantabanji 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 767762006 of Utkarsh Bank, Kantabanji branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Kantabanji branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Utkarsh Small Finance Bank are available with micr code -

>>Balangir >>Kantabanji

MICR code for Utkarsh Small Finance Bank Kantabanji

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 Kantabanji 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. 767762006 is the MICR code of Utkarsh Small Finance Bank for Kantabanji branch. MICR code for Kantabanji 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 Kantabanji is presented in the table alongside.

Use of Utkarsh Bank MICR code for Kantabanji branch in balangir

The MICR code 767762006 is used in RBI cheque clearing process to identify the branch Kantabanji 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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