Utkarsh Small Finance Bank Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Kolhapur Kolhapur Maharashtra

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MICR Code	416762002
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	Kolhapur Main
Contact	0
Bank Details	Utkarsh Small Finance Bank Kolhapur Main UTKS0001593

Location	Kolhapur, Kolhapur
City	Kolhapur
District	Kolhapur
State	Maharashtra
Pincode	416008
Country	IN
Address	Utkarsh small finance bank groundfloor shop no.2 stilt floor off no3,amoghmetil residency c.s.no.1680 e,ward rajarampuri 9th lane kolhapur,maharashtra pin-416008

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 416762002 for Kolhapur Main 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 416762002 of Utkarsh Bank, Kolhapur Main branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Kolhapur Main 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 -

>>Kolhapur Main

MICR code for Utkarsh Small Finance Bank Kolhapur Main

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 Kolhapur Main 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. 416762002 is the MICR code of Utkarsh Small Finance Bank for Kolhapur Main branch. MICR code for Kolhapur Main 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 Kolhapur Main is presented in the table alongside.

Use of Utkarsh Bank MICR code for Kolhapur Main branch in kolhapur

The MICR code 416762002 is used in RBI cheque clearing process to identify the branch Kolhapur Main 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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