Utkarsh Small Finance Bank Kotdwar Kotdwar Uttrakhand MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Kotdwar Kotdwar Uttrakhand

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MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kotdwar
Contact 0
Bank Details Utkarsh Small Finance Bank Kotdwar UTKS0001584
Location Kotdwar, Kotdwar
City Kotdwar
District Kotdwar
State Uttrakhand
Pincode 246149
Country IN
Address Upper ground& 1st floor pacific complex khet no.132/1 khata no.66 sitabpur devi road tehsil kotdwar dist-pauri garhwal uttarakhand pin-246149
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 246762802 for Kotdwar 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 246762802 of Utkarsh Bank, Kotdwar branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Kotdwar 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 -

>>Kotdwar

MICR code for Utkarsh Small Finance Bank Kotdwar

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 Kotdwar 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. 246762802 is the MICR code of Utkarsh Small Finance Bank for Kotdwar branch. MICR code for Kotdwar 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 Kotdwar is presented in the table alongside.

Use of Utkarsh Bank MICR code for Kotdwar branch in kotdwar

The MICR code 246762802 is used in RBI cheque clearing process to identify the branch Kotdwar 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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