Utkarsh Small Finance Bank Eglr Bengaluru Karnataka MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Eglr Bengaluru Karnataka

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MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kasturi Nagar Bengaluru
Contact 0
Bank Details Utkarsh Small Finance Bank Kasturi Nagar Bengaluru UTKS0001660
Location Eglr, Bengaluru
City Eglr
District Bengaluru
State Karnataka
Pincode 560043
Country IN
Address Ground floor urban korner site no 2m-301 ward no.84 benniganahalli range east of ngef layout kasturi nagar bengaluru karnataka 560043
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 Kasturi Nagar Bengaluru 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, Kasturi Nagar Bengaluru branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Kasturi Nagar Bengaluru 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 -

>>Kasturi Nagar Bengaluru

MICR code for Utkarsh Small Finance Bank Kasturi Nagar Bengaluru

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 Kasturi Nagar Bengaluru 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 Kasturi Nagar Bengaluru branch. MICR code for Kasturi Nagar Bengaluru 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 Kasturi Nagar Bengaluru is presented in the table alongside.

Use of Utkarsh Bank MICR code for Kasturi Nagar Bengaluru branch in eglr

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kasturi Nagar Bengaluru 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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